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Question text Kanona Ltd sells African herbs that are patented under their name. The company has the following information available. N$ Sales price per unit

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Question text Kanona Ltd sells African herbs that are patented under their name. The company has the following information available. N$ Sales price per unit 15.00 Direct material per unit 7.50 Direct labour per unit 5.00 Fixed admin and overhead cost 30 000 Current monthly profit 12 000 At the start of the new month, Boom Ltd will be subject to a government levy of N$2 for each unit sold. The company is currently operating at maximum capacity. With what percentage should the company increase the sales price if it still wants to achieve the same monthly profit? (Round to two decimals) Select one: a. 14.76% b. 16.67% c. 11.76% d. 13.33% e. None of all

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