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Unable to meet demand for its products, Em Bagus Enterprise invested in new equipment for 2023. Below are the budgeted figures under the production facilities

Unable to meet demand for its products, Em Bagus Enterprise invested in new equipment for 2023. Below are the budgeted figures under the production facilities expansion:

RM

RM

Sales

2,400,000

Less: Variable expenses

720,000

Fixed expenses

1,400,000

Net profit

280,000

Required:

ii. Determine the sales required if the business is to make a net profit

that gives a return of 30% on sales.

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