Jackson Ltd expects a new enterprise to generate a gross contribution margin of 40% (calculated as a percentage of sales
Posted: Fri Jul 01, 2022 8:28 am
Jackson Ltd expects a new enterprise to generate a grosscontribution margin of 40% (calculated as a percentage of sales).Variable selling expenses are expected to be an additional 10%(calculated as a percentage of sales), and fixed overheads £12.000per month.
Calculate the sales revenue necessary to yield a monthlynet profit margin of 10% (calculated as a percentage ofsales).
A. £30,000
B. £40,000
C.£60,000
D. £66,000
Calculate the sales revenue necessary to yield a monthlynet profit margin of 10% (calculated as a percentage ofsales).
A. £30,000
B. £40,000
C.£60,000
D. £66,000