=+Qantas has just announced a revised payment schedule for all travel agents. It will now pay travel

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=+Qantas has just announced a revised payment schedule for all travel agents. It will now pay travel agents a 10% commission per package up to a maximum of $50. Any package costing more than $500 generates only a $50 commission, regardless of the package price.

Required 1 Under the old 10% commission structure, how many round-trip packages must Adventure Travel sell each month:

(a) to break even and

(b) to earn a profit of $7000?

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Related Book For  book-img-for-question

Cost Accounting A Managerial Emphasis

ISBN: 9781442563377

2nd Edition

Authors: Monte Wynder, Madhav V. Rajan, Srikant M. Datar, Charles T. Horngren, William Maguire, Rebecca Tan

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