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Cottage Industries Ltd makes baskets. The fixed costs of operating the workshop for a month total $1,500. Each basket require

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a) Break Even Graph Break Even No. Of Orders Calculation of Contribution Per Basket Amount (S) Amount ($) Particulars Selling

Break Even Revenue Break Even No. of Orders Selling Price 260 30 Break Even Revenue Break Even Revenue Break Even Revenue 780

Break Even Graph No. Of Orders ili) Total Revenue Total Cost Chart Title 0 0 25000 480 600 20 40 960 1200 20000 1440 1800 60Calculation of Profit b) il Business Does not rent the basket making machine Particulars Contribution per unit as calculated

Break Even Point if Machine is rented C) Fixed Cost Break even no. of orders Contribution p.u 6055 Break even no. of orders 1

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