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Managerial Accounting PLEASE MAKE SURE THE ANSWERS ARE CORRECT NEED THE ANSWERS ASAP! THANK YOU! For the month of October, David Creek Corporation sold 550
Managerial Accounting PLEASE MAKE SURE THE ANSWERS ARE CORRECT NEED THE ANSWERS ASAP! THANK YOU! For the month of October, David Creek Corporation sold 550 units at an average selling price per unit of P400. Related variable expense per unit was P 280 per unit while fixed expenses totaled P 49,500.00. David Creek would want to know the following: 1. Target peso sales needed to achieve a target profit of P 38,100. = 2. Margin of safety in pesos sales = At 455 units sold, total sales for David Creek Corporation were P 273,000.00 with contribution margin ratio of 15%. Total fixed expense, on the other hand, was P 19,350.00. Preparing a contribution format income statement as part of your solution, compute for the following: 1. Break-even point in unit sales = 2. Margin of safety in percentage = For requirement B, answer in xx.xx% format, as in 50.00% or 50.25%, for example. Selected data for David Creek Corporation are as follows: Total variable expense - P 65,500.00 Total fixed expense - P 46,500.00 Variable expense ratio - 40% Now, compute for the net operating income =
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