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An entity reported the following results from sales of 5,000 units of its product for the month of June: Sales, P200,000; Variable Cost, P120,000; Fixed

image text in transcribed An entity reported the following results from sales of 5,000 units of its product for the month of June: Sales, P200,000; Variable Cost, P120,000; Fixed Cost, P60,000; and Operating Income, P20,000. Assume that the entity increases the selling price of its product by 10% by July 1 . How many units of its product would have to be sold in July 2019 in order to generate an operating income of P20,000

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