Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

MAS 1 Company sells 10,000 units of its products to SM Supermarket. Its selling price is P 50 per unit. The details of its costs

MAS 1 Company sells 10,000 units of its products to SM Supermarket. Its selling price is P 50 per unit. The details of its costs are as follows:

Direct Materials P 6 per unit

Direct LaborP 10 per unit

Variable Factory Overhead P 4 per unit

Fixed Factory OverheadP 150,000

Variable ExpensesP 5 per unit

Fixed ExpensesP 50,000

Assume each questions as independent assumptions:

9.Contribution margin in pesos

10. Contribution margin at P100,000 profit

11. Contribution margin at (P50,000) loss

12. Units sold when there is P100,000 profit

13. Units sold when there is (P50,000) loss

14. Fixed costs and expenses at P100,000 profit

15. Fixed costs and expenses at (P50,000) loss

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

Management And Cost Accounting

Authors: Colin Drury

8th Edition

8131525473, 9788131525470

More Books

Students also viewed these Accounting questions

Question

What degrees does the program offer?

Answered: 1 week ago