Question
The Ship Company is planning to produce two products, Alt and Tude. Ship is planning to sell 100,000 units of Alt at P4 a unit
The Ship Company is planning to produce two products, Alt and Tude. Ship is planning to sell 100,000 units of Alt at P4 a unit and 200,000 units of Tude at P3 a unit.Variable costs are 70% of sales for Alt and 80% of sales for Tude.In order to realize a total profit of P160,000, what must the total fixed costs be?
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Financial Accounting Fundamentals
Authors: John J. Wild
5th edition
1308500102, 1308500106, 78025753, 978-0078025754
