Essentials Of Investments
11th Edition
ISBN: 9781260013924
Author: Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher: Mcgraw-hill Education,
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Question
A total of 30 000 units were sold in March. The contribution margin per unit was R2, and fixed expenses totaled R20 000 for March. During April, fixed expenses are expected to increase to R26 000, but the contribution margin per unit will remain unchanged at R2. How many units must be sold during April to earn the same net income as was earned during March?
A. |
33 000 |
|
B. |
30 000 |
|
C. |
23 000 |
|
D. |
13 000 |
2 points
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