Solution-What were the original variable costs

What were the original variable costs

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A company that manufactures monitors has fixed costs of $84,000 per annum. The variable costs are 28% of sales and the profit is $64,500. When the selling price was reduced by 10%, the sales volume increased by 30%.

Problem a. What was the original sales revenue? Round to the nearest cent

Problem b. What were the original variable costs?

Problem c. What is the new sales revenue? Round to the nearest cent

Reference no: EM132784628

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What were the original variable costs

Reference no: EM132784628

Reference no: EM132784628

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