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Sir in part b why are we deducting tax from contribution? And Even if we are deducting, why are calculating on contribution? In reality tax is calculated on profit which in this case is sales minus fixed cost (which we calculated in part a)
Sir in part b why are we deducting tax from contribution? And
Even if we are deducting, why are calculating on contribution? In reality tax is calculated on profit which in this case is sales minus fixed cost (which we calculated in part a)