A product has the following costs. $ Direct materials 5 Direct labour 3 Variable overhead 7 Fixed
Question:
A product has the following costs.
$
Direct materials 5 Direct labour 3 Variable overhead 7 Fixed overheads are $10,000 per month. Budgeted sales for the month are 400 units.
The profit margin that needs to be added to marginal cost to break even is %
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
CIMA - C01 Fundamentals Of Management Accounting Revision Kit
ISBN: 9780751780734
1st Edition
Authors: BPP Learning Media
Question Posted: