Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

NUBD Company is a medium-sized manufacturer of lamps. During 2021, a new line called Excellence was made available to NUBD's customers. The break-even point

NUBD Company is a medium-sized manufacturer of lamps. During 2021, a new line called "Excellence" was made available to NUBD's customers. The break-even point for sales of Excellence is P400,000 with a contribution margin of 40%. Assuming that the operating profit for the Excellence line for 2021 amounted to P200,000, total sales for 2021 amounted to?

Step by Step Solution

3.47 Rating (147 Votes )

There are 3 Steps involved in it

Step: 1

To calculate the total sales for 2021 we need to consider the breakeven point and the operating pro... 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

Business Statistics For Contemporary Decision Making

Authors: Black Ken

8th Edition

978-1118494769, 1118800842, 1118494768, 9781118800843, 978-1118749647

More Books

Students also viewed these Accounting questions

Question

25.0 m C B A 52.0 m 65.0 m

Answered: 1 week ago