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The information below relates to the only product of Catherine Company: REQUIRED: Sales price per unit Variable cost per unit Fixed costs per year
The information below relates to the only product of Catherine Company: REQUIRED: Sales price per unit Variable cost per unit Fixed costs per year P48 36 P240,000 1. Compute the contribution margin ratio and the peso sales volume required to break-even. 2. Assuming that the company sells 75,000 units during the year, compute the margin of safety sales volume.
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Financial and Managerial Accounting
Authors: Jonathan E. Duchac, James M. Reeve, Carl S. Warren
11th Edition
9780538480901, 9781111525774, 538480890, 538480904, 1111525773, 978-0538480895
