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the rose williams company has a c\m ratio of 36%. break even sales are $160,000. the company earned a profit of $28800 during the year.
required
a) fixed expense
b)sales of the year
c)variable expense
d)margin of safety ratioPlease do not simply set test questions and expect a full answer. You must have an answer in the same book in which you found the question!!
In addition, cost volume profit analysis was removed from the F2 syllabus a long time ago and this question can not be asked in F2. It is now examinable in Paper F5 and you can find lectures in the F5 section if you are interested.
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