A companys budget for the next period shows that it would break even at sales revenue of

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A company’s budget for the next period shows that it would break even at sales revenue of $800 000 and fixed costs of $320 000.

The sales revenue needed to achieve a profit of $200 000 in the next period would be:

(a) $1000000

(b) $1300000

(c) $1320000

(d) $866 667

(2 marks)

CIMA P17 Performance Operations

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Cost And Management Accounting

ISBN: 9781473749054

9th Edition

Authors: Colin Drury

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Question Posted: Jun 25, 2024 02:02 AM

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A companys budget for the next period shows that it would break even at sales revenue of

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Cost And Management Accounting

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