Question 7 1 Happiny Company manufactures and sells a single product. For the production of 30.000 units. total variable costs amounted to P 180.000 and total foued costs amounted to P300,000. The company's relevant range is 20,000 to 60,000 units produced and sold annually The TOTAL COSTS of producing and selling 55,000 units is? Note: Round-off final answer to nearest peso amount Question The Minccino Company's most recent contribution format income statements show sales volume of 20.000 units total sales of P300.000 variable expenses of P180.000, and feed expenses of $70,000 The fimm pursued a strategy that reduced the unit selling price by P1.50 resulting in an increased number of units sold by 25% The VARIABLE COST RATIO would increase/decrease) to Note: Use 2 decimal places; indicate in your solution sheet if the ratio would INCREASE or DECREASE Question 14 1 pts The following information is available for a company's cost of sales over the last five months Month Units Sold Cost of Sales June 900 116.500 July 800 115.000 August 1.200 121,000 September 1.600 127.000 October 1.800 130.000 Using the high-low method for managing expenses, the company's cost equation is Note: This is the only question that requires an awer that is not just numerical for uniformity of niwe do not include the currency sign