Question
James operates a sideline business shoeing horses. The business has fixed costs of 121,000 per annum. He charges 21 per shoe and the variable costs
James operates a sideline business shoeing horses. The business has fixed costs of £121,000 per annum. He charges £21 per shoe and the variable costs are £10 per shoe. If the business wishes to make a profit of £11,000 for the year, how many shoes does he need to fit per annum?
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Income Tax Fundamentals 2013
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
31st Edition
1111972516, 978-1285586618, 1285586611, 978-1285613109, 978-1111972516
