Profit=$300 Sales=$3,000 Variable cost=75% of sales Find out: (a).P/V ratio (b).Fixed cost (c).Break Even Sales (d).What would
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Question:
Profit=$300
Sales=$3,000
Variable cost=75% of sales
Find out:
(a).P/V ratio
(b).Fixed cost
(c).Break Even Sales
(d).What would be the sales volume to earn a profit of $700
Related Book For
Engineering Economy
ISBN: 978-0132554909
15th edition
Authors: William G. Sullivan, Elin M. Wicks, C. Patrick Koelling
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