Decision and Control - Practice assesment 1:6
KAF
Registered Posts: 32
Could someone help me out with this question please?
It's for the Practice assesment 1 question 6 a
I know how to work out the COS but after that i'm a bit lost.
It's for the Practice assesment 1 question 6 a
I know how to work out the COS but after that i'm a bit lost.
0
Comments
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HI
COS = 1825000
Profit 20%
So COS is 80%
100
80 = 1825000
100 / 80 x 1825000 = 2281250 sales value
Remember you always put the percentage you do not have a value for first in the calculator ie in this case sales value 100
If you had the sales value it would be 80/100 x 2281250 = COS 1825000
Hope this helps!0 -
Thank you so much, that’s really helpful. Great tips as well about putting the percentage you don’t have in first.0
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Due to network i asked the same question more than 1 time but please view the Variance discussion for more details0
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How do you know COS is 182500??Waiwai86 said:HI
COS = 1825000
Profit 20%
So COS is 80%
100
80 = 1825000
100 / 80 x 1825000 = 2281250 sales value
Remember you always put the percentage you do not have a value for first in the calculator ie in this case sales value 100
If you had the sales value it would be 80/100 x 2281250 = COS 1825000
Hope this helps!
This seems to be a ridiculously hard question.
how on earth are you supposed to get sales?0
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