Question: The Principality Holiday Company provides adventure holidays to France and Spain. The expected cost data for 20X7 is: Number of holidays to be sold

expected cost data for 20X7 is: Number of holidays to be sold

The Principality Holiday Company provides adventure holidays to France and Spain. The expected cost data for 20X7 is: Number of holidays to be sold Variable cost per holiday Fixed costs 500 498 33,000 What is the margin percentage on sales for each holiday using marginal costing if the company wishes to make a net profit in 20X7 of 50,000? OA. 20% OB. 25% C. 33% % OD. 40%

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