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  3. 3. suraj mehta suraj mehta sells various pottery i

3. Suraj Mehta Suraj Mehta sells various pottery items at regional craft fairs. His fixed...

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3. Suraj Mehta Suraj Mehta sells various pottery items at regional craft fairs. His fixed costs (depreciation on the kiln, utilities, tools, portable selling booth) are Rs 4,325 per year. The average price for a piece of pottery is Rs 6.50, and the average variable cost (e.g., clay, paints, glazes, and price tags) is Rs 4.00 per item. 1. How many pieces of pottery must Suraj sell to just cover his expenses? 2. If Suraj wants to earn Rs 7,000 in profit, how many pieces of pottery must he sell? Prepare a variable-costing income statement to verify your

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