Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

If actual sales are P25,000, break even point in pesos i P15,000, and variable cost is P12.000, the margin of safety will be Select one

image text in transcribed

If actual sales are P25,000, break even point in pesos i P15,000, and variable cost is P12.000, the margin of safety will be Select one

Step by Step Solution

There are 3 Steps involved in it

Step: 1

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

Public Sector Audit

Authors: Carolyn J. Cordery, David C. Hay

1st Edition

0367650622, 9780367650629

More Books

Students also viewed these Accounting questions