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J, slatng the Peasons which business is likely to earn greater profits in conditions of...

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J, slatng the Peasons which business is likely to earn greater profits in conditions of i) Heavy demand for the product ii) Low demand for the product (15 marks) (10 marks) 2. Explain giving reasons the significance break-even in business. Total (25 marks) QUESTION TWO a) What is marginal costing Contrast its value to management when the business is working i) ii) b) Total Normal capital and Less than normal capacity Volume production has a significant effect on cost per unit of production. Discuss the statement. (25 marks) (DUE DATE SEPT 13, 2018)

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