Management accounting and finance
Sensitive (Pty) Ltd produces one type of shampoo for sensitive hair. The following
information is available for the month ended April 20X1:
Variable costs R 60 000
Fixed costs R 30 000
Profit R 60 000
There was no opening or closing inventory.
REQUIRED:
a) If Sensitive (Pty) Ltd wants to increase its profit for the month by 15%, by what
percentage does the selling price per bottle of shampoo have to increase?
Price
$ 1.00
