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A retail co. plans to work on a margin of 44% of retail price & to incur other Variable Cost of 4%. If is expected
A retail co. plans to work on a margin of 44% of retail price & to incur other Variable Cost of 4%. If is expected Fixed cost of Br. 20,000.
a/ Find the equation relating Total Cost to sales
b/ Find the profit if sales are Br. 60,000
c/ Find the breakeven revenue
d/ If profit is Br. 15,000 what should be the revenue level?
c/ If you have any one item at a price of Br. 15/unit how do you convert the cost equation in terms of revenue in to a cost equation in terms of quantity?
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