Two businesses, Y Ltd. and Z Ltd., sell the same type of product in the same type of market. Their budgeted profit and loss accounts for the coming year are as follows : Y Ltd. Z Ltd. $ Sales 1,50,000...

Extracted text: Two businesses, Y Ltd. and Z Ltd., sell the same type of product in the same type of market. Their budgeted profit and loss accounts for the coming year are as follows : Y Ltd. Z Ltd. $ Sales 1,50,000 1,50,000 1,00,000 Less : Variable Cost 1,20,000 Contribution Less : Fixed Cost Budgeted Net Profit 30,000 15,000 50,000 35,000 15,000 15,000 You are required to : (a) calculate the break even point of each business ; (b) calculate the sales volume at which each of business will earn $ 5,000 profit ; (c) calculate at which sales volume both the firms will earn equal profits.