Below is a chart showing the number of units a business sold this year and last...
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Below is a chart showing the number of units a business sold this year and last year. The variable cost per unit has remained at £1.50 during these two years and the selling price has remained at £2.85. Fixed costs last year were £15,000 but this year, due to expansion and moving to larger premises, they increased by 15%. Calculate the percentage increase in profit between this year and last year. Units Sold 28,000 26,000 24,000 22,000 20,000 18,000 16,000 14,000 12,000 10,000 8,000 6,000 4,000 2,000 0 Last Year This Year TEI TH CEF Below is a chart showing the number of units a business sold this year and last year. The variable cost per unit has remained at £1.50 during these two years and the selling price has remained at £2.85. Fixed costs last year were £15,000 but this year, due to expansion and moving to larger premises, they increased by 15%. Calculate the percentage increase in profit between this year and last year. Units Sold 28,000 26,000 24,000 22,000 20,000 18,000 16,000 14,000 12,000 10,000 8,000 6,000 4,000 2,000 0 Last Year This Year TEI TH CEF
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Related Book For
Fundamental Accounting Principles
ISBN: 978-0078110870
20th Edition
Authors: John J. Wild, Ken W. Shaw, Barbara Chiappetta
Posted Date:
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