Lucid Images Ltd Case Study - Finance Assignment Help

Assignment Task :

Q1 Lucid Images Ltd manufacturers high definition televisions The firm's fixed cost are $4.000,000 per year The vanable cost of each TV rs $2000. and the TVs are sold for $3000 each The company sold 5000 TVs during the previous year.

Required: Treat requirements 1 to 4 as independent situations,

I. Calculate the break-even point in units

II, What will the new break-even point be if fixed cost increased by 10 per cent.?

III_ What was the company's net profit for the previous year?

IV The sales manager believes a reduction in the sales price to $2500 will results in orders for 1200 more TVs each year What will the break-even point be if the prices are changed

V. Should the price change discussed above be made? Explain? 
 

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