Question:
Gafat Engineering Ethio plc manufacture two types of TV sets-LCD and CRT -both having only one model .The LCD and CRT television sets sell for Br 9,000 and Br 5000 respectively. The company sells its products through its own stores and other outlets .Total fixed expenses are Br 15,000,000 per month.variable Expenses and monthly sales data are given below;
LCD CRT
Variable expenses Br 5,000 Br 2,000
Monthly sales in units 2,000 3,000
A, Determine breakeven total volume of sales and sales volume for each product.