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Q1)Following information were extracted from a Printing organization related to the sale of Articles in...

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Accounting

Q1)Following information were extracted from a Printing organization related to the sale of Articles in a particular year.

No of articles sold - 10,000 Selling price of an article - Rs. 30 per unit Variable cost - Rs. 18 per unit Fixed cost - Rs. 24,000 per year Calculate the following.

(i) The profit of the business. (ii) Break-even point in terms of money value and in units. (iii) Margin of safety in terms of money value and in units.

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