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Please provide full solutions with explanation thank you! 1. Gregory Company is planning to market a new product. The company estimates that it can sell

Please provide full solutions with explanation thank you!

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1. Gregory Company is planning to market a new product. The company estimates that it can sell 9,000 units for the first year of operation. Unit selling price is P 50 with variable cost estimated as 60% of the sales price. Estimated total fixed cost is P 40,000. Required: Compute a. break-even point in pesos b. Break-even point in units a. b.3. The total sales for 2015 was P 3,260,000. The total variable costs was P 1.304,000 while the total fixed costs was P 1,200,000. Required: Compute a. Contribution margin b. Contribution margin ratio c. Break-even point in pesos a. b. C.12. A firm had fixed costs of P 200,000 and variable cost per unit of P 6. It plans to sell 40,000 units in the coming year. What sales price must the firm use to obtain a pretax profit of P 60,000

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