Question
Perak Merchandise is a retailer of exclusive pewter handicraft which it sells for RM100 per unit. Its variable cost per unit is RM60 and total
Perak Merchandise is a retailer of exclusive pewter handicraft which it sells for RM100 per unit. Its variable cost per unit is RM60 and total fixed costs is RM13,000. If the owner wants a RM14,000 target profit, what would be the amount of sales revenue needed? (Round your answer to the nearest dollar.)
a. RM35,000
b. RM23,333
c. RM45,000
d. RM67,500
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Financial Management Theory and Practice
Authors: Eugene Brigham, Michael Ehrhardt, Jerome Gessaroli, Richard Nason
2nd Canadian edition
176517308, 978-0176517304
