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A company has a Break-even volume of 3000 for a certain product. From the Financial reports, we noticed that their fixed cost was 138,000 CAD
A company has a Break-even volume of 3000 for a certain product. From the Financial reports, we noticed that their fixed cost was 138,000 CAD in 2022, and the cost per product was $10. a) How much should they set for the selling price to collect 28,000 CAD profit at the same volume if their fixed cost is increasing by 15%? Assume the cost per item does not experience any increase. b) What percent increase is this in their selling price?
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a To calculate the selling price that would result in a profit of 28000 CAD we need to consider the ...
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Horngrens Financial and Managerial Accounting
Authors: Tracie L. Nobles, Brenda L. Mattison, Ella Mae Matsumura
5th edition
9780133851281, 013385129x, 9780134077321, 133866297, 133851281, 9780133851298, 134077326, 978-0133866292
