Koninklijke BolsWessanen NV has fixed costs of 300,000 and a variable-cost percentage of 80%. The company earns
Question:
Koninklijke BolsWessanen NV has fixed costs of €300,000 and a variable-cost percentage of 80%. The company earns net profit of €84.000 in 2018. The income tax rate is 40%.
Required
Calculate (1) operating profit, (2) contribution margin, (3) total revenues and (4) breakeven revenues.
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Answer 1 Operating profit140000 2 Contribution margin 440000 3 Total revenues 2200000 ...View the full answer
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Related Book For
Management And Cost Accounting
ISBN: 9781292232669
7th Edition
Authors: Alnoor Bhimani, Srikant M. Datar, Charles T. Horngren, Madhav V. Rajan
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