Question
Kent Companys operating percentages were as follows: Revenues 100% Cost of goods sold Variable 50% Fixed 10% 60% Gross profit 40% Other operating expenses Variable
Kent Company’s operating percentages were as follows:
Revenues 100%
Cost of goods sold
Variable 50%
Fixed 10% 60%
Gross profit 40%
Other operating expenses
Variable 20%
Fixed 15% 35%
Operating income 5%
====
Kent’s sales totaled P2 million. At what revenue level would Kent break even?
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Organic Chemistry
Authors: Francis A. Carey
4th edition
0072905018, 978-0072905014
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