Question
Tense Ltd currently has fixed costs of 10,000. Sales revenue per unit is 13 and variable costs are 8 per unit. Next year the company
Tense Ltd currently has fixed costs of 10,000. Sales revenue per unit is 13 and variable costs are 8 per unit.
Next year the company wants to achieve a profit of 6,000. Sales revenue will rise by 30% and variable costs rise by 20%. The company wants the Break Even Point to remain the same as this year. What do fixed costs need to be for this to happen?
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Creative And Innovative Auditing
Authors: Jeffrey Ridley
1st Edition
1472474627, 9781472474629
