assume the direct cost of manufacturing is 50% of sales, 30% is attributed to employee salaries, and
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assume the direct cost of manufacturing is 50% of sales, 30% is attributed to employee salaries, and profit accounts in 20%. further assume through better planning we can reduce the cost of manufacturing to 30% of sales. if these assumptions hold true what would the improvement in profit?
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
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