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Unformatted text preview: t Johnston’s proposal is incorporated into the
budget, what should be the increase in the budgeted net income for next year?
none of the above
CVP.02 Curtis (Pty) Limited anticipates selling 10,000 units next year. The company wants to earn a net income equal to 10%
of sales. If variable expenses are R12 per unit and fixed expenses total R78,000 per year, what selling price must be
established to achieve the desired level of net income?
e. CVP.03 R19.80 per unit
R18.00 per unit
R21.78 per unit
R22.00 per unit
none of the above A company has provided the following data:
R70 per unit
R50 per unit
If the sales volume decreases by 25%, the variable cost per unit increases by 15%, and all other factors remain the
same, net income will:
a. decrease by R...
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This document was uploaded on 04/05/2014.
- Spring '14