Question
Khalid has a store that manufactures and sells stuffed dummies. The cost for the raw materials and the sewing work for each dummy is SR
Khalid has a store that manufactures and sells stuffed dummies. The cost for the raw materials and the sewing work for each dummy is SR 25. He sells each dummy for SR 55. The monthly rent for his store is SR 1200. Answer the following questions: a) What is the cost model, the revenue model and the profit model for Khaild? b) What is the break-even point for Khalid? c) What is the profit, the cost and the revenue if he sells 70 dummies?
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Supply Chain Management Accounting Managing Profitability Working Capital And Asset Utilization
Authors: Simon Templar
1st Edition
0749472995, 978-0749472993
