A retail co. plans to work on a margin of 44% of retail price to incur...
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A retail co. plans to work on a margin of 44% of retail price to incur other Variable Cost of 4%. If is expected Fixed cost of Br. 20,000. a/ Find the equation relating Total Cost to sales b/ Find the profit if sales are Br. 60,000 c/ Find the breakeven revenue d/ If profit is Br. 15,000 what should be the revenue level? c/ If you have any one item at a price of Br. 15/unit how do you convert the cost equation in terms of revenue in to a cost equation in terms of quantity? A retail co. plans to work on a margin of 44% of retail price to incur other Variable Cost of 4%. If is expected Fixed cost of Br. 20,000. a/ Find the equation relating Total Cost to sales b/ Find the profit if sales are Br. 60,000 c/ Find the breakeven revenue d/ If profit is Br. 15,000 what should be the revenue level? c/ If you have any one item at a price of Br. 15/unit how do you convert the cost equation in terms of revenue in to a cost equation in terms of quantity?
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a Equation Relating Total Cost to Sales The total cost can be expressed as the sum of fixed costs va... View the full answer
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