Answered step by step
Verified Expert Solution
Link Copied!

Question

00
1 Approved Answer

Sana Oil Company Ltdl processes and sells three grades of oil namely grade A Band C. The following table shows relevant information On Grade Selling

image text in transcribed

Sana Oil Company Ltdl processes and sells three grades of oil namely grade A Band C. The following table shows relevant information On Grade Selling Price Past Month's P/Liter! Sales IP A 10 12.000 B 5 11.000 . 9,600 The owners are renting the station for P15.000 per month. Monthly fire insurance premium payments amount to P2,200 while monthly salaries of permanent personnel cost the company P12,000. The variable cost per literat Grade Coil is twice that of Grade Boil On the other hand, the unit contribution margin of Grade A is twice that of Grade C. It was calculated that the company were to process and sell solely Grade A oil, 7. 300 liters per month is required for them to break-even . What is the weighted contribution margin (Round up to nearest four decimal places) (4.5 pts Answer: WCM- How many liters of each oil grade must be sold to earn a monthly proft before tax of P19.400? (Round up to nearest whole number (4.5 pts.) Answer: Ol Grade A liters Ol Grade : ters O Gradec . What are the breakeven peso sales for each oil grade? (Round up to nearest two decimal places lo pts. Answer: Ol Grade A:P O Grade :P O Grade CP

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Accounting Principles

Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso

9th Edition

978-0470533475

Students also viewed these Accounting questions

Question

How much does the respondent use Facebook?

Answered: 1 week ago