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Hello Tutors, Please help me answer these questions. Thank you Topic: Profit Planning Activity 1. Foris Company's product sells for P16 and has a variable
Hello Tutors,
Please help me answer these questions.
Thank you
Topic: Profit Planning Activity 1. Foris Company's product sells for P16 and has a variable cost per unit of P12. Fixed costs are P120,000. A. Compute the break-even point in peso. B. Compute the number of units Foris must sell to earn a P30.000 profit 2. Foris has a target profit of P36,000 and expects to sell 30,000 units- Compute the selling price Foris must charge to earn the target profit. 3. Foris wants to keep its selling price at P8 per unit and earn a 10% return on sales. Calculate the number of units Foris must sell to meet the targetStep by Step Solution
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