Question
Question 43 2 pts In 2019, Hardship Company sold its single product for Php10 each. Variable manufacturing costs amounted to Php2.00 per unit. The company
Question 43 2 pts
In 2019, Hardship Company sold its single product for Php10 each. Variable manufacturing costs amounted to Php2.00 per unit. The company needed to sell 17,600units last year in order to breakeven. The net after-tax income last year was Php4,435.20 subjected to a tax rate of 30%. Hardship's expects that sales price will increase to Php12.00, variable manufacturing costs will increase by 1/2 and that fixed costs will increase by 8%.
What was the fixed cost before the expected changes?
Group of answer choices
Php176,000
Php146,800
Php140,800
Php150,000
Question 44 2 pts
Gale Company's income under absorption costing was Php120,000 lower than its income under variable costing. The company sold 22,400 units during the year, and its variable costs were php210 per unit, Php24 of which represents the variable selling expenses. Production cost was Php250 per unit under absorption costing.
Determine the fixed factory overhead rate
Group of answer choices
Php40
Php16
Php146
Php64
Question 462 pts
ABC Company makes jungle gyms and tree houses for children. For jungle gyms, the price is Php120 and variable expenses are Php90 per unit. For tree houses, the price is Php200 and variable expenses are Php100. Total fixed expenses are Php253,750. Last year, ABC sold 12,000 gyms and 4,000 tree houses.
Suppose that ABC expects tree house demand to increase from 4,000 to 8,000 units. What is the sales revenue to break-even?
Group of answer choices
Php140,000
Php665,000
Php1,076,250
Php253,700
Question 43 2 pts
In 2019, Hardship Company sold its single product for Php10 each. Variable manufacturing costs amounted to Php2.00 per unit. The company needed to sell 17,600units last year in order to breakeven. The net after-tax income last year was Php4,435.20 subjected to a tax rate of 30%. Hardship's expects that sales price will increase to Php12.00, variable manufacturing costs will increase by 1/2 and that fixed costs will increase by 8%.
What was the fixed cost before the expected changes?
Group of answer choices
Php176,000
Php146,800
Php140,800
Php150,000
Question 44 2 pts
Gale Company's income under absorption costing was Php120,000 lower than its income under variable costing. The company sold 22,400 units during the year, and its variable costs were php210 per unit, Php24 of which represents the variable selling expenses. Production cost was Php250 per unit under absorption costing.
Determine the fixed factory overhead rate
Group of answer choices
Php40
Php16
Php146
Php64
Question 462 pts
ABC Company makes jungle gyms and tree houses for children. For jungle gyms, the price is Php120 and variable expenses are Php90 per unit. For tree houses, the price is Php200 and variable expenses are Php100. Total fixed expenses are Php253,750. Last year, ABC sold 12,000 gyms and 4,000 tree houses.
Suppose that ABC expects tree house demand to increase from 4,000 to 8,000 units. What is the sales revenue to break-even?
Group of answer choices
Php140,000
Php665,000
Php1,076,250
Php253,700
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