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Math Help - Help needed

  1. #1
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    Help needed

    Western Ltd plans to assemble and sell 30,000 giant teddy bears in 2011 at £40 each. Western’s costs are as follows:
    Variable costs:
    Materials £14 per bear
    Labour £8 per bear
    Overheads £8 per bear
    Estimated fixed costs for the year £ 120,000
    You are required to calculate:
    (i) Western’s Ltd planned contribution for 2011 (10 marks)
    (ii) Western’s Ltd planned profit for 2011 (10 marks)
    (iii) The break-even sales value for 2011 (10 marks)
    (iv) The break-even number of bears to be sold (10 marks)
    (v) The margin of safety for 2011 in sales value (5 marks)
    (vi) The margin of safety for 2011 in number of bears sold (5 marks)
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  2. #2
    Forum Admin topsquark's Avatar
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    Re: Help needed

    Apparently a problem from a graded assignment. Thread closed for now.

    -Dan
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