Question
Q 2: (a) A business has forecasted the profit they hope to achieve next year based on the following assumptions. Calculate its forecasted profit. Assumptions
Q 2: (a) A business has forecasted the profit they hope to achieve next year based on the following assumptions. Calculate its forecasted profit.
|
| Assumptions |
| Fixed Costs (FC) | Rs.600,000 |
| Variable Cost (VC) | Rs.40 |
| Selling price per unit (SP) | Rs.120 |
| Total output (in units) | 15,000 |
(b) Let us assume that our assumptions are 10% worse i.e. costs increased by 10% while benefits decreased by 10%, what effect will it have on our forecasted profit? Calculate.
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Companies Audit Investigations And Community Enterprise Act 2004 UK
Authors: The Law Library
1st Edition
1987582950, 978-1987582956
