Question
Finesse Factory Ltd has fixed costs of $500,000 and variable costs are 75% of the selling price. To realise before tax profits of $100,000 from
Finesse Factory Ltd has fixed costs of $500,000 and variable costs are 75% of the selling price. To realise before tax profits of $100,000 from sales of 500,000 units, the selling price per unit:
a.
Cannot be determined.
b.
Must be $1.20
c.
Must be $1.60
d.
Must be $4.80
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Cost Accounting A Managerial Emphasis
Authors: Charles T. Horngren, Srikant M. Datar, Madhav V. Rajan
15th edition
978-0133428704
