The Cornay Company is planning to reduce the selling price of cornays from 110 per unit to

Question:

The Cornay Company is planning to reduce the selling price of cornays from £110 per unit to £99 per unit. Fixed costs are £3,600,000 per annum; variable costs are £40 per unit; 80,000 units per annum are made and sold. How many additional units must be sold to make up for the price reduction?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question
Question Posted: