Question
if Art sells only beer, how many glasses of beer does he have to sell each month to make a monthly profit of 10% of
if Art sells only beer, how many glasses of beer does he have to sell each month to make a monthly profit of 10% of sales?
Fixed expenses $15,000
Price for beer $5.50
Monthly profit 10%
Unit contribution margin $0.80
(15,000 + 10% x $5.50N) / $.080 = N
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Fundamental Accounting Principles
Authors: John J Wild, Ken Shaw
25th Edition
1260247988, 978-1260247985
