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Straight Problem 2: TARGET SALES with Profit GOLD Corporation presently sells product SILVER with the following related data: Unit contribution margin P40 Variable cost ratio

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Straight Problem 2: TARGET SALES with Profit GOLD Corporation presently sells product SILVER with the following related data: Unit contribution margin P40 Variable cost ratio 60% Total fixed costs P400,000 Required: What would be the sales in pesos and in units if: a. Income before income tax is P200,000 b. Income after tax of 40% is P150,000 c. Profit rate before tax is 20% of sales

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