Question
Company 12 sells a single product. The selling price of the product is 72, variable costs per unit are 55. Fixed costs for the year
Company 12 sells a single product. The selling price of the product is £72, variable costs per unit are £55. Fixed costs for the year are expected to be £400,000. The directors of the company wish to make a profit of £1.1 million. How many units will have to be sold to achieve this objective?
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