Q.1. Company produces and sells one product. The controller of the company prepared the...
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Accounting
Q.1. Company produces and sells one product. The controller of the company prepared the following budgeted income statement for the next year.
Sales 350.000 TL
- Variables Expenses 168.000
Contribution Margin 182.000
- Fixed Expenses 120.000
Income Before Tax 62.000
REQUIRED: How many units must be sold to earn income before tax equal to 4 percent of sales revenue?
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