Zodiac retail dealer in shirts is currently selling 24,000 shirts annually. He supplies the following details for the year ended 31st March 2019. Selling price per shirt=P800 Variable cost per shirt=P600 Staff salaries-P24,00,000 General Office Cost =P 800,000, Advertising Cost-P800,000 Calculate Break Even Point and margin of safety in sales revenue and number of shirts sold.

Principles of Accounting Volume 2
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ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter2: Building Blocks Of Managerial Accounting
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Zodiac retail dealer in shirts is currently selling 24,000 shirts annually. He supplies the
following details for the year ended 31st March 2019.
Selling price per shirt=P800
Variable cost per shirt=P600
Staff salaries=P24,00,000
General Office Cost =P 800,000,
Advertising Cost=P800,000
Calculate Break Even Point and margin of safety in sales revenue and number of shirts
sold.
Transcribed Image Text:Zodiac retail dealer in shirts is currently selling 24,000 shirts annually. He supplies the following details for the year ended 31st March 2019. Selling price per shirt=P800 Variable cost per shirt=P600 Staff salaries=P24,00,000 General Office Cost =P 800,000, Advertising Cost=P800,000 Calculate Break Even Point and margin of safety in sales revenue and number of shirts sold.
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