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MAC3701 Assignment 2 Due 18 April 2024
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MAC3701 Assignment 2 Due 18 April 2024
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MAC3701Assessment 02/S1/2024
Due: 18 April 2024
REQUIRED
For each question below, remember to:
• Clearly show all your calculations in detail;
• Where necessary, indicate irrelevant amounts/adjustments with an R0 (nil-value);
• Except where otherwise stated, round all the final Rand-amount workings to two decimals,
and all other workings to four decimal places; and
•Ignore time value of money and all taxation implications.
The break-even point can be calculated using the formula:
Break-even point (units)
=
Total Fixed Costs
Contribution Margin per unit
Break-even point (units)=
Contribution Margin per unit
Total Fixed Costs
Where:
Total Fixed Costs include both fixed manufacturing overhead costs and fixed selling and
distribution costs.
Contribution Margin per unit is calculated as the selling price per unit minus the variable
cost per unit.
Let's calculate it for each product type:
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