I have attached the instruction and the given problem. Thank you!Kindly provide an soution. Coller Company's most recent contribution format income statement isshown below.TotalPer UnitP15.00Sales (20,000 units)P300,000180,0009.00Less: Variable expensesContribution marginLess: Fixed expensesP120,000P 6.0070,000Net operating incomeP 50,000 2 The selling price decreases by P1.50 per unit, and the sales volumeincreases by 25%.

Current data, Selling price = P300,000 / 20,000 = P15.00 per unit Revised Price = P15.00 - P1.50 =…

Answered: 2. The selling price decreases by P1.50…

Business

Accounting

2. The selling price decreases by P1.50 per unit, and the sales increases by 25%.

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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Question

I have attached the instruction and the given problem. Thank you!

Kindly provide an soution.

Coller Company's most recent contribution format income statement is
shown below.
Total
Per Unit
P15.00
Sales (20,000 units)
P300,000
180,000
9.00
Less: Variable expenses
Contribution margin
Less: Fixed expenses
P120,000
P 6.00
70,000
Net operating income
P 50,000

2 The selling price decreases by P1.50 per unit, and the sales volume
increases by 25%.

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