18. The Disney Company's breakeven sales is P400,000 at a certain level of fixed costs. When such fixed costs are increased by P30,000, the breakeven sales will be P520,000. The variable cost ratio is A. 76.9% B. 75% C. 28.6% D. 25%

FINANCIAL ACCOUNTING
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Chapter1: Financial Statements And Business Decisions
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18. The Disney Company's breakeven sales is P400,000 at a certain level
of fixed costs. When such fixed costs are increased by P30,000, the
breakeven sales will be P520,000. The variable cost ratio is
A. 76.9%
B. 75%
C. 28.6%
D. 25%
19. Variable cost ratio is 60%. While breakeven ratio is 65%. Net income is
P42,000. Fixed cost must be
A. P 78,000
B. P 22,615
C. P 63,000
OD. P 65,000
Transcribed Image Text:18. The Disney Company's breakeven sales is P400,000 at a certain level of fixed costs. When such fixed costs are increased by P30,000, the breakeven sales will be P520,000. The variable cost ratio is A. 76.9% B. 75% C. 28.6% D. 25% 19. Variable cost ratio is 60%. While breakeven ratio is 65%. Net income is P42,000. Fixed cost must be A. P 78,000 B. P 22,615 C. P 63,000 OD. P 65,000
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