Amber PIc. expects a new product to yield a gross profit of 50% on sales. Fixed salary costs are expected to be £23,520

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answerhappygod
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Amber PIc. expects a new product to yield a gross profit of 50% on sales. Fixed salary costs are expected to be £23,520

Post by answerhappygod »

Amber PIc. expects a new product to yield a gross profit of 50%
on sales. Fixed salary costs are expected to be £23,520 per month
and other expenses are expected to be 8% of sales. Calculate the
sales revenue necessary to yield a monthly profit of £58,800.
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