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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
    (ii) Western’s Ltd planned profit for 2011
    (iii) The break-even sales value for 2011
    (iv) The break-even number of bears to be sold
    (v) The margin of safety for 2011 in sales value
    (vi) The margin of safety for 2011 in number of bears sold
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  2. #2
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    Re: Help needed

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