Question: For forthcoming year, G pic.s variable costs are budgeted to be 60 percent of the sales value and fixed costs are budgeted to be 10

For forthcoming year, G pic.s variable costs are budgeted to be

For forthcoming year, G pic.s variable costs are budgeted to be 60 percent of the sales value and fixed costs are budgeted to be 10 percent of sales value. If G plc increases its selling prices by 10 percent, but if fixed costs, variable costs per unit and sales volume remain unchanged the effect, calculate the effect of G plc's contribution in percentage

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