Currently you are selling 700 units. Selling price is $ 60 per unit & variable cost is

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Currently you are selling 700 units. Selling price is $ 60 per unit & variable cost is $ 40 per unit. Total fixed cost is not known.
The marketing manager commits to increase a certain sales growth under the following terms and conditions:
1. 10% discount in the selling price
2. increase sales commission by $ 5 per unit
3. Total reduction of salary by 8,000
4. Increase the advertisement budget by another 11,000

What is the minimum sales growth that you should be looking for if you want to accept the above proposal?

Related Book For answer-question

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Fundamentals of Futures and Options Markets

Fundamentals of Futures and Options Markets

ISBN: 978-0132993340

8th edition

Authors: John C. Hull

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Posted Date: Dec 18, 2020 07:00 AM

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