M/s Q-Mobile sells Cellular Phones for Rs.1000. The unit variable cost per phone is Rs.500...
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M/s Q-Mobile sells Cellular Phones for Rs.1000. The unit variable cost per phone is Rs.500 plus a Selling Commission of 10%. Fixed manufacturing costs total Rs.12,500 per month, while fixed selling and Administrative costs total Rs. 25,000. Required: A. What is the contribution margin per phone? B. What is the breakeven point in phones? C. How many phones must be sold to earn a targeted profit of Rs. 75,000?Single line text.
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