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Find selling price required to maintain the budgeted level

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Reference no: EM132541900

Budgeted Sales 200,000

Selling price £1.60

Variable costs £1.00

Allocated fixed costs £0.25

Total costs £1.25

Profit per unit £0.35

Question 1: If sales decline by 25%, the selling price required to maintain the budgeted level of profit is:

Option A. £2.00

Option B. £1.20

Option C. £1.80

Option D. £1.60

Reference no: EM132541900

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