Question: Given that a laundry services business has about 50% contribution margin (i.e. gross profit of 50%), if the entrepreneur monthly fixed working capital cost is
Given that a laundry services business has about 50% contribution margin (i.e. gross profit of 50%), if the entrepreneur monthly fixed working capital cost is RM10,000 (i.e. salary + rental + overhead costs), what is the break-even sales volume per month?
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