Sales volume next year is anticipated to be 50,000 plates of fried rice. By what percentage would

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Sales volume next year is anticipated to be 50,000 plates of fried rice. By what percentage would the selling price have to be changed to generate a net income of £75,000, assume corporate tax is 25%, all other things remaining the same?

a. +20%

b. -46.67%
c. 0%

d. +12%

You are given the following details regarding the operations of Cheng Hi Fried Rice Restaurant.

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Horngrens Cost Accounting A Managerial Emphasis

ISBN: 9780135628478

17th Edition

Authors: Srikant M. Datar, Madhav V. Rajan

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Question Posted: Jul 25, 2022 03:58 AM

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Sales volume next year is anticipated to be 50,000 plates of fried rice. By what percentage would

Question:

Fixed costs Selling price of a plate of fried rice Variable costs per plate of fried rice £60,000 £ વા વા £ 6.00 4.00

Step by Step Answer:

d 12 To generate a net income of 75000 the sales revenue would have to be 100000 7500...View the full answer

Horngrens Cost Accounting A Managerial Emphasis

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