Question: What is the cost plus % amount needed to achieve a 20% margin ? 1 AY B WN W 12 Month P &L Original sales

What is the cost plus % amount needed to achieve a 20% margin ?

1 AY B WN W 12 Month P &L Original sales given% Cost plus 20% % sales Revenue 750,000 120% 900,000 Total Direct costs 600,000 120% 720,0000 Gross Profit 150,000 20.0% 180,000 Total Overheads 109,982 14.7% 132,300 Net Profit 40,018 5.3% 47,700

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