Provide only solutions. The answers were give. The answers were the following 1.c 7. a 8. a 9. d 10.c 11.a 12c 13.b 14. b 15.a

7. Relente's Company has a contribution margin per unit of Php 15 and a contribution margin ratio of 60%. How much is the selling price of each unit? a. Php 25.00 b. Php 37.50 c. Php 59.00 d. Inadequate given 8. Cliques Mdse. Corporation wants to sell an enough number of products to eam an after-tax profit of Php 40,000. If the unit sales price is Php 10, the unit variable cost is Php 8, and the total fixed cost is Php 80,000; how many units must be sold to earn an income of Php 40,000 if they have a tax rate of 40%? a. 73,334 units b. 48,334 units c. 40,000 units d. 30,000 units 9. A manufacturer buys materials for producing a particular item at a cost of Php 4.85 per unit and has a fixed monthly expense of Php 11,625 related to this iter. The manufacturer sells this particular item to several retailers for Php 10. The Sister's Unlimited Inc. has a fixed cost of Phip 1,000,000, a selling price of Php 10, and a variable cost of Php 6 per unit. If the variable cost incrense by 10% and the fixed cost decrease by 10%, what will be their break-even point? a. Increased by 1,571 units b. Decreased by 1,471 units c. Increased by 1,471 units d. None of the above 11. Elma, the President of the Student Council, is arranging a students' ball. The venue will be free but they have to pay Php 300 to the school's cleaners for the extra works. The lights and sound rental cost them Php 2,500 and the host will be given an honorarium of Php 450. For this affair they will sell tickets that cost Php 15 each. They plan to give a glass of juice that cost Php 1 as the guests arrive. How much will be the fixed cost in this event? a. Php 3,250 b. Php 2,500 c. Php 1,750 d. Php 1,450 12. Calculate for the break-even point if the fixed cost is Php 50,000, the percentage of variable cost is 66 2/396, and the capacity is 3,000,000 13. Which of the following are assumptions for break-even analysis? 1. Elements of cost cannot be divided in different groups. II. Fixed cost remains certain from zero production to full capacity. a. 25% b. 306 c. 50% d. None of the above III. Behavior of different costs is linear. IV. Selling price per unit remains constant. a. I, II, and I C. I, II, and IV b. II, III, and IV d. I, II, and TV 14. What is the break-even point if the fixed cost is Php 1,500,000, the manufacturing cost is Php 2,000,000, and the profit is Php 1,500,000? t. 2,000,000 b. 2,500,000 c. 3.000.000 d. None of the Above 15. Sozy Office Supplies sells books with a cost of Php 684. They spent Php 0.80 for packaging cach book. How many books must they sell to break-even? a. 720 books c. 900 books b. 800 books d. 920 books 21 1. What will be the break-even point in unit and amount of the Cleenest Incorporated if they produce 10,000 units of flashlight monthly having a fixed cost of Php 40,000? The selling price is Php 50 each and Variable cost Php 30 per unit. a. Php 40 per unit, Php 2,000,000 b. Php 50 per unit, Php 1,200,000 c. Php 20 per unit, Php 1,000,000 d. None of the above