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3) The Accounts of a Company are expected to reveal a profit of AED 1 400,000 after charging fixed costs AED 1,000,000 for the Year
3) The Accounts of a Company are expected to reveal a profit of AED 1 400,000 after charging fixed costs AED 1,000,000 for the Year ended 31st March 2015. The Selling price of a product is AED 50 per unit and Variable Cost per unit is AED 20 Th Market Investigations Suggest that following responses to the price changes Alternatives Selling Price reduced Quantity Sold Increased by 5% 10% 7% 20% 10% 25% Evaluate these alternatives and state which of the alternatives on Profitability Consideration should be adopted for the forthcoming year
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