11,12&13 11. Jon Snow Inc. is a medium-sized manufacturer of lamps. During the year a newline called "Supernova" was made available to Jon Snow Inc. customers. The BEP forsales of Supernova is P200,000 with a contribution margin of 40%. Assuming that theprofit for the Supernova line during the year amounted to P100,000, total sales duringthe year would have amounted to:Your answer12. Ginger Corp. sells a product for P5 per unit. The fixed expenses are P210,000 andthe unit variable expenses are 60% of the selling price. What sales would be necessaryin order for Ginger Corp. to realize a profit of 10% of sales?Your answer13. JAO Company sells a product for P6 per unit. Fixed expenses total P37,500 permonth and variable expenses are P2 per unit. How many units must be sold eachmonth to realize a profit before income taxes of 15% of sales.Your answer

Break even point means a point where firm is neither earning profit nor incurring any loss.…

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

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

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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