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1. Summit Company is a medium-zed manufacturers of lamps. During 2012, a new line called Daylights was made available to Wacky Customers. The break-even point

1. Summit Company is a medium-zed manufacturers of lamps. During 2012, a new line called "Daylights" was made available to Wacky Customers. The break-even point for sales of Daylight is PP400, 000 with a contribution margin of 40%. Assuming that operating profit for the Daylight line for 2012 amounted to P200, 000, total sales for 2012 would amount to?

2. At a break-even point of 400 units sold, the variable cost is P400 and the fixed cost is P200. What will the 401st unit sold contribute to profit?

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