1 8 Royal Ltd has two production divisions, A and B, both of which operate as invest ment centres An extract of the report for June for the two divisions is shown below A B R'000 R'000 Sales revenue 1 500 2 200 Variable cost of production 780 970 Fixed cost of production 325 520 Marketing expenses...

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Cornerstones of Financial and Managerial Accounting

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1.8 Royal Ltd has two production divisions, A and B, both of which operate as invest-...

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Cornerstones of Financial and Managerial Accounting

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