● ● 1. If the variable cost is P15/unit, fixed cost is 265,000; and Sales is P55. Find the BEPs, and BEPx. Use the Target Profit Analysis Equation Method Use the algebraic approach. If the Income Statement is: h). 2. Sales (P50 x 10,000 units) Less: Variable Costs (P20 x 10,000 units) Fixed Costs Net Income Compute for the following: Contribution Margin Ratio Break-Even Point in Sales Break-Even Point in Units P200,000 150.000 P500,000 350.000 P150.000

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
icon
Related questions
Question
●
●
●
1.
If the variable cost is P15/unit, fixed cost is 265,000; and Sales is P55. Find the
BEPs, and BEPx. Use the Target Profit Analysis Equation Method
Use the algebraic approach. If the Income Statement is:
h).
2.
Sales (P50 x 10,000 units)
Less:
Variable Costs (P20 x 10,000 units)
Fixed Costs
Net Income
Compute for the following:
Contribution Margin Ratio
Break-Even Point in Sales
Break-Even Point in Units
P200,000
150.000
P500,000
350.000
P150.000
Transcribed Image Text:● ● ● 1. If the variable cost is P15/unit, fixed cost is 265,000; and Sales is P55. Find the BEPs, and BEPx. Use the Target Profit Analysis Equation Method Use the algebraic approach. If the Income Statement is: h). 2. Sales (P50 x 10,000 units) Less: Variable Costs (P20 x 10,000 units) Fixed Costs Net Income Compute for the following: Contribution Margin Ratio Break-Even Point in Sales Break-Even Point in Units P200,000 150.000 P500,000 350.000 P150.000
Expert Solution
steps

Step by step

Solved in 4 steps

Blurred answer
Knowledge Booster
Inventory Management
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, accounting and related others by exploring similar questions and additional content below.
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
Accounting
ISBN:
9781259964947
Author:
Libby
Publisher:
MCG
Accounting
Accounting
Accounting
ISBN:
9781337272094
Author:
WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:
Cengage Learning,
Accounting Information Systems
Accounting Information Systems
Accounting
ISBN:
9781337619202
Author:
Hall, James A.
Publisher:
Cengage Learning,
Horngren's Cost Accounting: A Managerial Emphasis…
Horngren's Cost Accounting: A Managerial Emphasis…
Accounting
ISBN:
9780134475585
Author:
Srikant M. Datar, Madhav V. Rajan
Publisher:
PEARSON
Intermediate Accounting
Intermediate Accounting
Accounting
ISBN:
9781259722660
Author:
J. David Spiceland, Mark W. Nelson, Wayne M Thomas
Publisher:
McGraw-Hill Education
Financial and Managerial Accounting
Financial and Managerial Accounting
Accounting
ISBN:
9781259726705
Author:
John J Wild, Ken W. Shaw, Barbara Chiappetta Fundamental Accounting Principles
Publisher:
McGraw-Hill Education