Forbes Company's product sells for P16 and has a variable cost per unit of P12. Fixed<\/p>
costs are P120,000.<\/p>
Required:<\/p>
1. Compute the break-even point in pesos.<\/p>
2. Compute the number of units required to earn a P30,000 profit.<\/p>
3. Forbes has a target profit of P36,000 and expects to sell 30,000 units.<\/p>
Compute the selling price Forbes must charge to earn the target profit.<\/p>
4. Forbes wants to keep its selling price at P16 per unit and earn a 10% return<\/p>
on sales. Calculate the number of units Forbes must sell to meet the target.<\/p>", "transcribed_text": "", "related_book": { "title": "Advanced Accounting", "isbn": "978-0132568968, 9780132568968", "edition": "11th Edition", "authors": "Floyd A. Beams, Joseph H. Anthony, Bruce Bettinghaus, Kenneth Smith", "cover_image": "https:\/\/dsd5zvtm8ll6.cloudfront.net\/si.question.images\/book_images\/55.jpg", "uri": "\/textbooks\/advanced-accounting-11th-edition-9780132568968", "see_more_uri": "" }, "free_related_book": { "isbn": "B0CR8JTZJ4", "uri": "\/textbooks\/workbook-for-the-boldly-inclusive-leader-by-minette-norman-transform-your-workplace-by-valuing-the-differences-within-1st-edition-979-8873525805-212479", "name": "Workbook For The Boldly Inclusive Leader By Minette Norman Transform Your Workplace By Valuing The Differences Within", "edition": "1st Edition" }, "question_posted": "2024-06-21 06:04:26", "see_more_questions_link": "\/study-help\/questions\/business-management-leadership-2023-June-05", "step_by_step_answer": "The Answer is in the image, click to view ...", "students_also_viewed": [ { "url": "\/subsequent-data-indicated-that-life-expectancy-grew-to-732-years", "description": "Subsequent data indicated that life expectancy grew to 73.2 years for males born during 1995-2000 and to 74.3 years for males born during 2000-2005. 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