CIMA Management Accounting P1 Question # 58 Topic 6 Discussion

CIMA Management Accounting P1 Question # 58 Topic 6 Discussion

P1 Exam Topic 6 Question 58 Discussion:
Question #: 58
Topic #: 6

A project has five possible outcomes as follows:

P1 Question 58

The probability of a contribution of $68,000 is equal to the probability of a contribution of $75,000. Fixed costs are $70,000.

What is the probability of the project making a profit?


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