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Question 6 1 pts Litleo Company is the exclusive distributor for an automotive product that sells for 2400 per unit and has a CM ratio
Question 6 1 pts Litleo Company is the exclusive distributor for an automotive product that sells for 2400 per unit and has a CM ratio of 30%. The company's fixed expenses are P180,000 annually. The company plans to sell 16,000 units this year. The break-even point (BEP) is units. Question 7 1 pts Blitzle Inc has prepared the following budget data: Sales Volume 15,000 Unit Selling Price P750 Unit Variable Expenses P550 Fixed Manufacturing Expenses P1,600,000 Fixed Selling & Administrative Expenses P1,400,000 An advertising agency claims that an aggressive advertising campaign would enable the company to increase its unit sales by 20%. The maximum amount that the company can pay for advertising and obtain a net operating income of P350,000 would be P
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