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The following sales revenue is recorded each month: 20% of sales are cash and the remainder are credit sales, paying in the month after sale; 2% of credit sales are irrecoverable debts.How much cash is received in April? ______
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In 20X0 ABC Co's has sales of $125,750. Inflation is running at a high rate, as shown in the table. If ABC Co’s sales increase at the rate of inflation, what will be the value of sales in 20X2 (to two dp)? ______
A retail business buys and sells product X. The variable cost for product X is $3 per unit and the fixed costs of the business are $75,000. The selling price is $7 per unit.What is the break-even sales volume of product X? ______
A hotel has 80 rooms which are all occupied in a 30-day period. Each department has incurred costs in the period as follows:What is the cost per service unit (to two dp)? ______
The following are the costs for a batch of 100 birthday cards.The overhead absorption rate is $25 per labour hour. Labour is charged at $10 per hour.What is the cost per unit unit for a single birthday card? ______
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