Heriot and Watt Plc want to increase their profits from the sale of their product by 20%. You are provided with the following information: £ Unit variable cost 50 Fixed production overheads 30,000 Selling price per unit 100 Latest profit figure 200,000 How many units of their product must Heriot and Watt Plc sell to achieve their target profit? a) 4,600 units b) 4,800 units c) None of the above d) 5,400 units
Heriot and Watt Plc want to increase their profits from the sale of their product by 20%. You are provided with the following information: £ Unit variable cost 50 Fixed production overheads 30,000 Selling price per unit 100 Latest profit figure 200,000 How many units of their product must Heriot and Watt Plc sell to achieve their target profit? a) 4,600 units b) 4,800 units c) None of the above d) 5,400 units
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Question
Heriot and Watt Plc want to increase their profits from the sale of their product by 20%. You are provided with the following information:
|
|
£ |
|
Unit variable cost |
50 |
|
Fixed production overheads |
30,000 |
|
Selling price per unit |
100 |
|
Latest profit figure |
200,000 |
How many units of their product must Heriot and Watt Plc sell to achieve their target profit?
a) 4,600 units
b) 4,800 units
c) None of the above
d) 5,400 units
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