Question

(iii) How many units are to be sold to earn a net income of 10% of Sales?

Sales price per unit $20
Variable manufacturing cost per unit $11
Variable selling cost per unit $3

Fixed factory expenses p.a. $5,40,000
Fixed administration expenses p.a $2,52,000.
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Answer 1

Answer:

Explanation:

Start by dividing the sales by the price per unit to get the number of units produced. Then, add up direct materials and direct labor to get total variable cost. Divide total variable cost by the number of units produced to get average variable cost.

Answer 2

Answer:

The sale price can be calculated by subtracting the discount percent from 100, converting that number into a decimal, and multiplying the decimal by the normal price of the good.

★ For EXAMPLE a good that is normally priced at $100 and currently being offered at a 10% reduction would have a sale price of $90.