Question
1. Kristin is a distributor of brass picture frames. for 20X4, she plans to purchase for P30 each and sell them for P45 each. Kristin's
1. Kristin is a distributor of brass picture frames. for 20X4, she plans to purchase for P30 each and sell them for P45 each. Kristin's fixed costs are expected to be P240,000. Kristin's only other costs will be variable costs of P60 per shipment for preparing the invoice and delivery documents, organizing the delivery, and following up for collecting accounts receivable. the P60 cost will be incurred each time Kristin ships an order of picture frames, regardless of the number of frames in the order. Question: Suppose Kristin anticipates making 500 shipments in 20x4. How many picture frames must Kristin sell to break even in 20x4?
2.( PICTURE) The company's margin of safety ( round off to the nearest whole percent
Given the following income statement for OR Company for 20X4: Sales (30,000 units) P600,000 Less Operating Expenses: Variable P390,000 Fixed 140.000 530.000 Net Income 1 P70.000 nd off to nearest whole percent) is *
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