Maxie Pty Ltd makes and sells two types of shoes, Plain and Fancy. Product data is as
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Maxie Pty Ltd makes and sells two types of shoes, Plain and Fancy. Product data is as follows:
Plain | Fancy | |
Unit selling price | $20.00 | $35.00 |
Variable costs per unit | $12.00 | $24.50 |
Sixty per cent of the sales in units are Plain and annual fixed expenses are $45 000 and the sales mix remains constant.
How many units of Fancy must Maxie Pty Ltd sell to earn a target profit of $31 500?
Related Book For
Management Accounting
ISBN: 9781760421144
7th Edition
Authors: Kim Langfield Smith, Helen Thorne, David Alan Smith, Ronald W. Hilton
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