Answer to Question #339928 in Financial Math for mesfin

Question

4. A retail co. plans to work on a margin of 54% of retail price & to incur other Variable Cost of 4%. If is expected fixed cost of Br. 40,000.

i. Find the equation relating Total Cost to sales

ii. Find the profit if sales are Br. 80,000

iii. Find the breakeven revenue

iv. If profit is Br. 20,000 what should be the revenue level?

v. If you have any one item at a price of Br. 20/unit how do you convert the cost equation in terms of revenue in to a cost equation in terms of quantity?

Answer 1

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