A company which makes a single product has a contribution to sales ratio of 30%. Each unit
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A company which makes a single product has a contribution to sales ratio of 30%. Each unit is sold at £8. In a period when fixed costs were £30000 the net profit was £56 400.
What was the total of direct wages for the period if direct wages were 20% of variable costs?
A £17 280. B £26400. C £40 320.
D £57 600.
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