Kiran Industries produces and sells pulsometer. Information regarding the costs and sales of pulsometer during...
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Kiran Industries produces and sells pulsometer. Information regarding the costs and sales of pulsometer during September 2020 are provided below: Unit selling price Unit variable costs Total monthly fixed costs $250 95 570,000 Business Administration Program Final Assessment Semester Spring 2021 Page 2 Units sold 4,000 units Required: a) Contribution margin in units and as ratio. (1 mark) b) Calculate Break even points in units and in dollars. (1 mark) c) Calculate margin of safety. (1 mark)
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