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18. DSP Company earned P100,000 on sales of P1,000,000. It earned P130,000 on sales of P1,100,000. Contribution margin as a percentage of sales is: Your answer

18. DSP Company earned P100,000 on sales of P1,000,000. It earned P130,000 on sales of P1,100,000. Contribution margin as a percentage of sales is: Your answer

FINANCIAL ACCOUNTING
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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1 18. DSP Company earned P100,000 on sales of P1,000,000. It earned P130,000 on sales of P1,100,000. Contribution margin as a percentage of sales is: Your answer 19. Archie sells a single product for P50. Variable costs are 60% of the selling price, and the company has fixed costs that amount to P400,000. Current sales total 16,000 units. In order to produce a target profit of P22,000, Archie's dollar sales must total: Your answer 20. Merissa Company is planning to sell 100,000 units ofProduct Z for P12 per unit. Fixed cost is P280,000. In order to realize a profit of P200,000, what would the variable cost be? Your answer Submit Clear form Never submit passwords through Google Forms. This content is neither created nor endorsed by Google. Report Abuse Terms of Service - Privacy Policy.
Transcribed Image Text:1 18. DSP Company earned P100,000 on sales of P1,000,000. It earned P130,000 on sales of P1,100,000. Contribution margin as a percentage of sales is: Your answer 19. Archie sells a single product for P50. Variable costs are 60% of the selling price, and the company has fixed costs that amount to P400,000. Current sales total 16,000 units. In order to produce a target profit of P22,000, Archie's dollar sales must total: Your answer 20. Merissa Company is planning to sell 100,000 units ofProduct Z for P12 per unit. Fixed cost is P280,000. In order to realize a profit of P200,000, what would the variable cost be? Your answer Submit Clear form Never submit passwords through Google Forms. This content is neither created nor endorsed by Google. Report Abuse Terms of Service - Privacy Policy.
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