Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The following is extract of the Income statement of Powerbest Bhd. Revenue RM12,345,550.00 RM29.75 Less Variable Costs RM8,645,230.00 RM20.83 Contribution Margin RM3,700,320.00 RM8.92 Less Fixed

The following is extract of the Income statement of Powerbest Bhd.

image text in transcribed
Revenue RM12,345,550.00 RM29.75 Less Variable Costs RM8,645,230.00 RM20.83 Contribution Margin RM3,700,320.00 RM8.92 Less Fixed Costs (Overheads) RM1,425,500.00 RM3.43 Operating Profit RM2,274,820.00 RM5.48 Less Taxation @24% RM545,956.00 RM1.31 Profit after tax RM1,728,863.32 RM4.17

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Accounting What The Numbers Mean

Authors: David Marshall, Wayne McManus, Daniel Viele

10th Edition

77729870, 9780077729875

More Books

Students also viewed these Accounting questions

Question

Write a note on transfer policy.

Answered: 1 week ago

Question

Discuss about training and development in India?

Answered: 1 week ago

Question

Explain the various techniques of training and development.

Answered: 1 week ago

Question

Explain the various techniques of Management Development.

Answered: 1 week ago

Question

Speak clearly and distinctly with moderate energy

Answered: 1 week ago

Question

Get married, do not wait for me

Answered: 1 week ago