A company's most recent results indicate that annual sales of 2,000 units earned total contribution margin of

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A company's most recent results indicate that annual sales of 2,000 units earned total contribution margin of £50,000, and profits totalling £20,000.

Assuming the company remained within its relevant range, and if it had sold 2,400 units (with all other variables in the variable costing model being unchanged), what would have been its reported profit?

A) £10,000

B) £20,000

C) £30,000

D) £40,000

Related Book For answer-question

Managerial Economics and Business Strategy

ISBN: 978-0071267441

7th Edition

Authors: Michael R. baye

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Posted Date: Mar 16, 2022 04:07 AM

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A company's most recent results indicate that annual sales of 2,000 units earned total contribution margin of

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Managerial Economics and Business Strategy

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