Quiz # 1 CVP Problem 1:10 points show process any is planning to market 30.000 units of product X. The fixed costs are P 600,000.00 on Its planned sales and variable costs are 60% of the selling Price Required: compute the selling price per unit if the Company expects to earns a profit of P 120,000.00 on its planned sales. Problem 2:5 points each Company's breakeven sales are P 528,000.00. The variable costs ratio to sales is 60% while the net income percentage to sales is 8%. Based on the above data, compute the following: f. Margin of safety ratio g. Actual sales h. Margin of safety i. Fixed costs j. Net income Problem 3: 5 points each The TS Company sells products A for P 60.00 each. Variable costs are P 36.00 per unit. Fixed costs are P 375,000.00. How much sales in (units and pesos) must be reached to realize a: d. Net income of P 102,000.00 before taxes e. Net income of P 97,500.00 after ignoring taxes. Tax rate is 35% f. Net income of 15% of sales. Ignore income taxes 20