How much is the sales revenue required to break-even with the raffle? O P 600,000 P 320.000 OIP 4551000 OP.425:000The owners of JM Supermarket have been looking for ways to improve sales at the store. One of the proposals is to have a weekly raffle with a total prize of P6,000 per week. For every P20 worth of goods purchased, a customer shall receive a number ticket for the raffle. The variable cost to print a ticket has been estimated at one peso (P1.00). Promotions and other fixed costs in connection with the raffle, likewise, have been estimated at P5,000 per week. The current weekly results of operations of JM are as follows: Sales P600,000 Variable Costs 450.000 Fixed Costs 80.090If the raffle can increase sales to P1,000,000 per week, how much would be the increase in operating income? P109,000 P159,000 P39,000 P179,000 Previous