Nictus Limited produces electrical blankets. The blankets are sold for R 750 per unit and variable costs per unit are R350. Total fixed costs amount to R 500 000. The company expects to produce and sell 3000 units. Total net profit is: A. R1 200000 B. R700000 C. R500000 D. R2 250000 Clear my - choice

Nictus Limited produces electrical blankets. The blankets are sold for R 750 per unit and variable costs per unit are R350. Total fixed costs amount to R 500 000. The company expects to produce and sell 3000 units. Total net profit is: A. R1 200000 B. R700000 C. R500000 D. R2 250000 Clear my - choice

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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