The following information applies to Ayre Limited for the two years to 31 March 2011 and 2012

Question:

The following information applies to Ayre Limited for the two years to 31 March 2011 and 2012 respectively:

Required:
Assuming that the cost relationships had remained as given in the question, calculate the company€™s profit if the sales for the year to 31 March 2012 had reached the budgeted level of£1,200,000.

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Accounting for Non-Accounting Students

ISBN: 978-0273722977

8th Edition

Authors: John R. Dyson

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Question Posted: Aug 06, 2012 03:17 AM

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The following information applies to Ayre Limited for the two years to 31 March 2011 and 2012

Question:

£000 Profits £000 Year Sales 31.3.2011 31.3.2012 2 750 1000 100 250

Step by Step Answer:

AYRE LIMITED Since the company makes a profit of 10000...View the full answer

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