A company has fixed costs of $50\,000$ and a contribution to sales ratio of $40\%$. It earns a profit of $30\,000$. What are the total costs?
- A$130\,000
- B$170\,000
- C$175\,000
- D$200\,000
Accounting 9706 · AS & A Level · Costs and cost behaviour
Accounting 9706 · AS & A Level · Costs and cost behaviour
A company has fixed costs of $50\,000$ and a contribution to sales ratio of $40\%$. It earns a profit of $30\,000$. What are the total costs?