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Question 2: (25 marks) A company is manufacturing product X and the selling price is $1,500,...

Question 2:

  1. A company is manufacturing product X and the selling price is $1,500, while the variable cost for each unit is $500, mean while the fixed cost of the operation will be $50,000. Calculate the break-even in units. 15 marks
  2. Define Return on capital employed and why it is used. 10 marks

                                                           

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