14.6 Porton Fitzgerald Ltd manufactures wardrobes. The selling price of a wardrobe is 210. Each wardrobe costs
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14.6 Porton Fitzgerald Ltd manufactures wardrobes. The selling price of a wardrobe is £210. Each wardrobe costs £52 in direct materials (all variable) and £34 in direct labour (all variable). In April 20X3 the company expects to sell 450 wardrobes, and it has budgeted for fixed overheads of £43,200.
What is the company’s budgeted contribution for April 20X3?
What is the company’s budgeted net profit for April 20X3?
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