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What is the level of sales revenue required

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Reference no: EM133131600

Question - The following data relates to next year's budget of Miranda Ltd, which produces and sells a single product.

Sales Revenue at break-even 6,000,000

Fixed Costs 1,800,000

Variable cost per unit, total fixed costs and selling price per unit are constant at all levels of production and sales. What is the level of sales revenue required next year for Miranda Ltd to make a profit of £600,000?

Reference no: EM133131600

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