11. Jon Snow Inc. is a medium-sized manufacturer of lamps. During the year a new line called "Supernova" was made available to Jon Snow Inc. customers. The BEP for sales of Supernova is P200,000 with a contribution margin of 40%. Assuming that the profit for the Supernova line during the year amounted to P100,000, total sales during the year would have amounted to: Your answer

FINANCIAL ACCOUNTING
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Author:Libby
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Chapter1: Financial Statements And Business Decisions
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11. Jon Snow Inc. is a medium-sized manufacturer of lamps. During the year a new
line called "Supernova" was made available to Jon Snow Inc. customers. The BEP for
sales of Supernova is P200,000 with a contribution margin of 40%. Assuming that the
profit for the Supernova line during the year amounted to P100,000, total sales during
the year would have amounted to:
Your answer
12. Ginger Corp. sells a product for P5 per unit. The fixed expenses are P210,000 and
the unit variable expenses are 60% of the selling price. What sales would be necessary
in order for Ginger Corp. to realize a profit of 10% of sales?
Your answer
13. JAO Company sells a product for P6 per unit. Fixed expenses total P37,500 per
month and variable expenses are P2 per unit. How many units must be sold each
month to realize a profit before income taxes of 15% of sales.
Your answer
Transcribed Image Text:11. Jon Snow Inc. is a medium-sized manufacturer of lamps. During the year a new line called "Supernova" was made available to Jon Snow Inc. customers. The BEP for sales of Supernova is P200,000 with a contribution margin of 40%. Assuming that the profit for the Supernova line during the year amounted to P100,000, total sales during the year would have amounted to: Your answer 12. Ginger Corp. sells a product for P5 per unit. The fixed expenses are P210,000 and the unit variable expenses are 60% of the selling price. What sales would be necessary in order for Ginger Corp. to realize a profit of 10% of sales? Your answer 13. JAO Company sells a product for P6 per unit. Fixed expenses total P37,500 per month and variable expenses are P2 per unit. How many units must be sold each month to realize a profit before income taxes of 15% of sales. Your answer
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