1. 500,000 units of a product per year is being produced by a company and sells them for P4 million. The unit cost of the product is P3.00. Annual fixed operating expenses is P680,000. Determine the number of units to be sold to break even.

1. 500,000 units of a product per year is being produced by a company and sells them for P4 million. The unit cost of the product is P3.00. Annual fixed operating expenses is P680,000. Determine the number of units to be sold to break even.

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Please complete solution with formula, don't use excel or any sofware.

1. 500,000 units of a product per year is being produced by a company and sells them for P4
million. The unit cost of the product is P3.00. Annual fixed operating expenses is P680,000.
Determine the number of units to be sold to break even.

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