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Fundamentals of Management Accounting
Last Update: 26-Apr-2024
Questions: 392
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Fundamentals of Management Accounting
Last Update: 26-Apr-2024
Questions: 392
Buy Now
Fundamentals of Management Accounting
Last Update: 26-Apr-2024
Questions: 392
Buy Now
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When sales and output have passed the break-even point, the contribution per unit, for each unit then sold, becomes:
A fixed budget is:
PQR Manufacturing Ltd. has £3,000,000 of fixed costs for the forthcoming period. The company produces a single product 'X', which has a selling price of £75 per unit and total cost of £50.
75% of the total cost represents variable costs.
How many units (to the nearest whole unit) will the organization need to produce and sell to generate a profit of £500,000?
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TESTED 26 Apr 2024