Question
For the most recent year, NK Ltd had fixed costs of GHS240,000 and variable costs of 75 per cent of total sales revenue. NK Ltd
For the most recent year, NK Ltd had fixed costs of GHS240,000 and variable costs of 75 per cent of total sales revenue. NK Ltd earned GHS70,000 of net profit after taxes for the period (the income tax rate is 35 per cent). Determine the breakeven point in cedis (GHS) and the total sales revenue that earn the year's profit.
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Managerial Accounting
Authors: Ray Garrison, Eric Noreen, Peter Brewer
17th Edition
1260247783, 978-1260247787
