FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Assume that as an investor, you are planning to enter the construction industry as a panel formwork supplier. The potential number of forthcoming projects, you

Assume that as an investor, you are planning to enter the construction industry as a panel formwork supplier. The potential number of forthcoming projects, you forecasted that within two years, your fixed cost for producing formworks is Php 300,000.The variable unit cost for making one panel is P15.  The sale price for each panel will be P25. If you charge P25 for each panel.



How many panels you need to sell in total, in order to start making money?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

ANSWER Break even point sales in units Fixed expenses 300000 10 30000 Contribution per un... blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Financial Analysis with Microsoft Excel

Financial Analysis with Microsoft Excel

Authors: Timothy R. Mayes, Todd M. Shank

7th edition

1285432274, 978-1305535596, 1305535596, 978-1285432274

More Books

Students also viewed these Accounting questions

Question

★★★★★
List three specific parts of the Case Guide, Objectives and Strategy Section (See below) that you had the most difficulty understanding. Describe your current understanding of these parts. Provide...

Answered: 1 week ago

Question

★★★★★
Managing Scope Changes Case Study Scope changes on a project can occur regardless of how well the project is planned or executed. Scope changes can be the result of something that was omitted during...

Answered: 1 week ago

Question

★★★★★
Imagine, you are planning to start a new small, home-based business. You are going to make and sell a single food item . What is the food item that your business will sell? ASSUME ALL AMOUNTS AS PER...

Answered: 1 week ago

Question

★★★★★
Investigate the recycling policy in the city where you live. How might you interpret the policy using the concepts or policy criteria presented in this chapter?

Answered: 1 week ago

Question

★★★★★
The Manchester United Soccer Tournament project team has identified the following potential risks to their project: a. Referees failing to show up at designated games. b. Fighting between teams. c....

Answered: 1 week ago

Question

★★★★★
In Exercises 3643, use the five-step strategy for solving word problems. The bar graph shows seven common excuses by college students for not meeting assignment deadlines. The bar heights represent...

Answered: 1 week ago

Question

★★★★★
To what extent would you expect a graduate programs model of training (e.g., scientistpractitioner, practitioner-scholar, or clinical scientist) to influence the types of personality assessment tools...

Answered: 1 week ago

Question

★★★★★
The income statement disclosed the following items for 2010: Depreciation expense $ 36,000 Gain on disposal of equipment 21,000 Net income 317,500 Balances of the current assets and current liability...

Answered: 1 week ago

Question

★★★★★
a thumbs up will be give, thanks a lot Write a program [Insane.java] that prints the message "Somebody Stop Me!" and after that message is printed the program calls its own main() method (yes, you...

Answered: 1 week ago

Question

★★★★★
A botanist conducts study about the average number of blooms on a well-tended marigold plant. 73 seedlings are cultivated to maturity and the number of blooms recorded. The results are given in the...

Answered: 1 week ago

Question

★★★★★
Use the following information to prepare a form STD . 2 1 8 ( continuous ) , Claim Schedule. The Department of General Services received an appropriation in the 2 0 2 0 - 2 0 2 1 Budget Act, Chapter...

Answered: 1 week ago

Question

★★★★★
Repeat Problem 92 for a diverging mirror. Comment on any similarities or differences with the two types of mirrors. Data from Problem 92 A converging mirror has a focal length of \(300...

Answered: 1 week ago

Question

★★★★★
A compound microscope consists of two converging lenses, the objective lens and the eyepiece lens, positioned on a common optical axis (Figure 33.47). The objective lens is positioned to form a real,...

Answered: 1 week ago

Question

★★★★★
An object that has a small aperture is placed between a light source and a screen, as shown in Figure 33.4. Which parts of the screen are in the shadow? Data from Figure 33.4 object screen (edge on)...

Answered: 1 week ago

Question

★★★★★
Two balls of identical size (ball 1 made up of nylon and ball 2 made up of rubber) were rubbed against each other so that they carry a uniformly distributed charge of magnitude \(0.25 \mathrm{nC}\)....

Answered: 1 week ago

Question

★★★★★
PH Ltd. furnishes the following information relating to budgeted sales and actual sales for April. Calculate the following variances: (1) Sales quantity variance, (2) Sales mix variance, (3) Sales...

Answered: 1 week ago

Question

★★★★★
Please help as soon as possible. Thank you! Crypto Corporation recognizes net income of $150,000 along with an other comprehensive gain of $32,400 (pre-tax) for the current year ended December 31 ....

Answered: 1 week ago

Question

★★★★★
5. How much would you need to deposit in an account now in order to have $5,000 in the account in 5 years? Assume the account earns 2% interest compounded monthly. 10. You deposit $300 each month...

Answered: 1 week ago

Question

★★★★★
As an investor, you are considering an investment in the bonds of the Front Range Electric Company. The bonds pay interest quarterly, will mature in 12 years, and have a coupon rate of 3.25% on a...

Answered: 1 week ago

Question

★★★★★
Using the Yahoo! Finance Web site (finance.yahoo.com) get the current price and five year dividend history for Intel. To gather this data, enter the ticker symbol (INTC) in the search box at the top...

Answered: 1 week ago

Question

★★★★★
You have decided to invest in a small commercial office building that has one tenant. The tenant has a lease that calls for annual rent payments of $20,000 per year for the next three years. However,...

Answered: 1 week ago

Question

★★★★★
A loan of $4000 at 13% is to be repaid by three equal payments due four, six, and eight months after the date on which the money was advanced. Calculate the amount of each payment. Use the loan date...

Answered: 1 week ago

Question

★★★★★
Two equal payments, 50 days and 150 days after the date of the loan, paid off a $3000 loan at 10 %. What was the amount of each payment?

Answered: 1 week ago

Question

★★★★★
The interest rate on a $3000 loan advanced on March 1 was 10.2%. What must the first payment on April 13 be in order that two subsequent payments of $1100 on May 27 and $1100 on July 13 settle the...

Answered: 1 week ago

Previous Question Next Question