1. Pretty sells a single product for P50 that has a variable cost of P30. Fixed costs amount to P5 per unit when anticipated sales targets are met. If the company sells one unit in excess of its break-even volume, the bottom-line profit will be:
1. Pretty sells a single product for P50 that has a variable cost of P30. Fixed costs amount to P5 per unit when anticipated sales targets are met. If the company sells one unit in excess of its break-even volume, the bottom-line profit will be:
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
![4. A recent income statement of Fox Corporation reported the
following data:
Sales Revenue
P 3,600,000
1,600,000
1,000,000
Variable costs
Fixed costs
If these data are based on the sale of 10,000 units, the break-even
point in units would be:
5. A recent income statement of Yale Corporation reported the
following data:
Sales Revenue
P2,500,000
1,500,000
8 00,000
If these data are based on the sale of 5,000 units, the break-even
Variable costs
Fixed costs
sales would be:](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fcc8736fe-a88a-428c-a102-3d6f5bdc7187%2F7933d2ae-9ab5-4963-bda0-3a190e76b3ab%2Fri97sai_processed.png&w=3840&q=75)
Transcribed Image Text:4. A recent income statement of Fox Corporation reported the
following data:
Sales Revenue
P 3,600,000
1,600,000
1,000,000
Variable costs
Fixed costs
If these data are based on the sale of 10,000 units, the break-even
point in units would be:
5. A recent income statement of Yale Corporation reported the
following data:
Sales Revenue
P2,500,000
1,500,000
8 00,000
If these data are based on the sale of 5,000 units, the break-even
Variable costs
Fixed costs
sales would be:
![1. Pretty sells a single product for P50 that has a variable cost of P30.
Fixed costs amount to P5 per unit when anticipated sales targets
are met. If the company sells one unit in excess of its break-even
volume, the bottom-line profit will be:
2. At a volume of 15,000 units, Boston reported sales revenues of
P600,000, variable costs of P225,000, and fíxed costs of P120,000.
The company's contribution margin per unit is:
3. A recent income statement of Banks Corporation reported the
following data:
Sales Revenue
P 8,000,000
5,000,000
Variable costs
2,200,000
If these data are based on the sale of 20,000 units, the contribution
Fixed costs
margin per
unit would be:](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fcc8736fe-a88a-428c-a102-3d6f5bdc7187%2F7933d2ae-9ab5-4963-bda0-3a190e76b3ab%2F5qkppj_processed.png&w=3840&q=75)
Transcribed Image Text:1. Pretty sells a single product for P50 that has a variable cost of P30.
Fixed costs amount to P5 per unit when anticipated sales targets
are met. If the company sells one unit in excess of its break-even
volume, the bottom-line profit will be:
2. At a volume of 15,000 units, Boston reported sales revenues of
P600,000, variable costs of P225,000, and fíxed costs of P120,000.
The company's contribution margin per unit is:
3. A recent income statement of Banks Corporation reported the
following data:
Sales Revenue
P 8,000,000
5,000,000
Variable costs
2,200,000
If these data are based on the sale of 20,000 units, the contribution
Fixed costs
margin per
unit would be:
Expert Solution
![](/static/compass_v2/shared-icons/check-mark.png)
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
Step by step
Solved in 3 steps
![Blurred answer](/static/compass_v2/solution-images/blurred-answer.jpg)
Follow-up Questions
Read through expert solutions to related follow-up questions below.
Knowledge Booster
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.Recommended textbooks for you
![FINANCIAL ACCOUNTING](https://compass-isbn-assets.s3.amazonaws.com/isbn_cover_images/9781259964947/9781259964947_smallCoverImage.jpg)
![Accounting](https://www.bartleby.com/isbn_cover_images/9781337272094/9781337272094_smallCoverImage.gif)
Accounting
Accounting
ISBN:
9781337272094
Author:
WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:
Cengage Learning,
![Accounting Information Systems](https://www.bartleby.com/isbn_cover_images/9781337619202/9781337619202_smallCoverImage.gif)
Accounting Information Systems
Accounting
ISBN:
9781337619202
Author:
Hall, James A.
Publisher:
Cengage Learning,
![FINANCIAL ACCOUNTING](https://compass-isbn-assets.s3.amazonaws.com/isbn_cover_images/9781259964947/9781259964947_smallCoverImage.jpg)
![Accounting](https://www.bartleby.com/isbn_cover_images/9781337272094/9781337272094_smallCoverImage.gif)
Accounting
Accounting
ISBN:
9781337272094
Author:
WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:
Cengage Learning,
![Accounting Information Systems](https://www.bartleby.com/isbn_cover_images/9781337619202/9781337619202_smallCoverImage.gif)
Accounting Information Systems
Accounting
ISBN:
9781337619202
Author:
Hall, James A.
Publisher:
Cengage Learning,
![Horngren's Cost Accounting: A Managerial Emphasis…](https://www.bartleby.com/isbn_cover_images/9780134475585/9780134475585_smallCoverImage.gif)
Horngren's Cost Accounting: A Managerial Emphasis…
Accounting
ISBN:
9780134475585
Author:
Srikant M. Datar, Madhav V. Rajan
Publisher:
PEARSON
![Intermediate Accounting](https://www.bartleby.com/isbn_cover_images/9781259722660/9781259722660_smallCoverImage.gif)
Intermediate Accounting
Accounting
ISBN:
9781259722660
Author:
J. David Spiceland, Mark W. Nelson, Wayne M Thomas
Publisher:
McGraw-Hill Education
![Financial and Managerial Accounting](https://www.bartleby.com/isbn_cover_images/9781259726705/9781259726705_smallCoverImage.gif)
Financial and Managerial Accounting
Accounting
ISBN:
9781259726705
Author:
John J Wild, Ken W. Shaw, Barbara Chiappetta Fundamental Accounting Principles
Publisher:
McGraw-Hill Education