The following details relate to a shop which currently sells 25,000 pairs of shoes annually. Selling price per pair of shoes @ RM40 Purchase cost per pair of shoes RM25 Total annual fixed costs RM Salaries 100,000 Advertising 40,000 Other fixed expenses 100,000 What is the contribution per pair of shoes?

The following details relate to a shop which currently sells 25,000 pairs of shoes annually. Selling price per pair of shoes @ RM40 Purchase cost per pair of shoes RM25 Total annual fixed costs RM Salaries 100,000 Advertising 40,000 Other fixed expenses 100,000 What is the contribution per pair of shoes?

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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