Page 1 of 1

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

Posted: Tue Apr 26, 2022 10:00 am
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.