Question
PROBLEM NO. 6 - CGELANG Company had a margin of safety ratio of 20%, variable cost of 60% of sales, fixed costs of P240,000, a
PROBLEM NO. 6 - CGELANG Company had a margin of safety ratio of 20%, variable cost of 60% of sales, fixed costs of P240,000, a breakeven point of P600,000, and an operating income of P60,000 for the current year. What are the current year's sales?
PROBLEM NO. 7 - TAWA-TAWA, Inc. had the following economic data for 2017: Net sales P400,000 Contribution margin 160,000 Margin of safety 40,000What is TAWA-TAWA's breakeven point in 2017?
PROBLEM NO. 8 - TAWAPA's Company has revenues of P500,000, variable costs of P300,000, and pretax profit of P150,000. If the company increases the sales price per unit by 10%, reduces fixed costs by 20%, and leaves variable cost per unit unchanged, what would be the new breakeven point in pesos?
Your answer
PROBLEM NO. 9 - The following information pertains to HALAKHAK Corporation for the year ending December 31, 2017: Budgeted sales P1,000,000 Breakeven sales 700,000 Budgeted contribution margin 600,000 Cashflow breakeven 200,000What is the margin of safety for the HALAKHAK Corporation?
PROBLEM NO. 10 - During the month of June, SMILEY Corporation produced 12,000 units and sold them for P20 per unit. Total fixed costs for the period were P154,000, and the operating profit was P26,000. How much is the variable cost per unit for June?
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started