Olan makes one-of-a-kind hats and sells them online. Olan always sells his hats at a price that
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Olan makes one-of-a-kind hats and sells them online. Olan always sells his hats at a price that provides a contribution margin of 45%. If Olan has fixed costs of ₱54,000 per year, calculate how much revenue does Olan need to generate a ₱30,000 pre-tax net profit for the year?
Related Book For
Management Science The Art of Modeling with Spreadsheets
ISBN: 978-1118582695
4th edition
Authors: Stephen G. Powell, Kenneth R. Baker
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