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Solve the following problems: Problem 1: Kulas Company's projected profit for the coming year is as follows: Total Per Unit Sales P2,000,000 P200 Total variable
Solve the following problems: Problem 1: Kulas Company's projected profit for the coming year is as follows: Total Per Unit Sales P2,000,000 P200 Total variable cost 1.200.000 120 Contribution margin 800,000 P 80 Total fixed costs 640,000 Operating income P 160,000 Required: 1. Compute the variable cost ratio. 2. Compute the contribution margin ratio. 3. Compute the break-even point in peso amount. 4. How many units must be sold to earn a profit of P300,000. 5. Using the contribution margin ratio computed in no. 2 above, compute the additional profit that Kulas would earn if sales were P250,000 more than expected
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