A firm sells a product of birr 80/unit.Raw material cost are Birr 14/unit labor costs are Birr 10/unit and other variable overhead costs amount to Birr 6/unit and annual fixed costs are Birr 250000
A. Determine the cost,revenue and profit function in terms of quantity and sales.
B. What must be the minimum amount of
sales in units and in birr that should be sold to avoid loss?
C. Determine the total contribution margin if the firm sells 10000 units
D. Develop the breakeven chart and interpret​