A company has a budgeted production of 1,200 units. The standard raw material requirement is 2 kg per unit. During the last month, the company experienced a favourable material usage variance of $480. If the standard cost of the material is $5 per kg, what was the actual production last month (in units)?

If Contribution = ₹40,000 and Fixed Cost = ₹30,000, what is the Profit?

If Fixed Cost = ₹50,000, Selling Price per unit = ₹20, and Variable Cost per unit = ₹10, then the Break-even Point (in units) is:

What is the term for the point where the sales line intersects the total cost line, indicating the profit-earning capacity over the break-even point?