A company wishes to make a profit of 191,000.00. Fixed costs are 85,000.00 and the contribution...
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A company wishes to make a profit of £191,000.00. Fixed costs are £85,000.00 and the contribution per Unit is 50% of Sale Price. If the unit selling price is £20.0, how many units must be sold to achieve the target profit? (please put the answer as the number only and use two decimal places) A company wishes to make a profit of £191,000.00. Fixed costs are £85,000.00 and the contribution per Unit is 50% of Sale Price. If the unit selling price is £20.0, how many units must be sold to achieve the target profit? (please put the answer as the number only and use two decimal places)
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First we need to calculate the contribution per unit Contribution per unit Sale price x Contribut... View the full answer
Related Book For
Managerial Accounting An Introduction to Concepts Methods and Uses
ISBN: 978-0324639766
10th Edition
Authors: Michael W. Maher, Clyde P. Stickney, Roman L. Weil
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