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Rob and John Ltd Manufactures a Standard Model of Vacuum

question 14

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Rob and John Ltd manufactures a standard model of vacuum cleaner. The selling price of each cleaner is £155. Variable costs of manufacture are £55.00. During its 20X1 financial year the company expects to incur fixed production costs of £80000 and fixed selling and administration overheads of £36000. How many vacuum cleaners will the company have to sell in order to break-even (to the nearest whole unit) ?


Definitions:

Satisfying

Satisfying refers to meeting the needs or expectations, thus providing fulfillment or pleasure.

Cultural Diversity

The variety and multicultural aspect of differences among people, including those related to ethnicity, nationality, language, and religion.

Deep Diversity

Diversity that goes beyond surface attributes such as race and gender to include differences in values, experiences, and cognitive styles.

Cohesion

Refers to the degree of camaraderie and unity within a group, affecting its overall performance and member satisfaction.

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