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3. Рг Ils tw

3. Рг Ils tw

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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mul Jalety 5. Margin of Safety Ratio 4. Mahjong Co. produces and sells two products, tables and chairs. Following is next month's income budget Sales in units Chairs Tables Total 600 150 750 Sales P 1,200.00 1,050.00 P 187.50 P 1,387.50 VC 112.50 1,162.50 CM 150.00 75.00 225.00 FX 90.00 NI 135.00 Required: a. How many units of tables should be sold next month to break even? b. How many units of chairs should be sold to earn a profit of P150 С. How many units of chairs should be sold to earn a profit of P100 net of 30% tax?
Transcribed Image Text:mul Jalety 5. Margin of Safety Ratio 4. Mahjong Co. produces and sells two products, tables and chairs. Following is next month's income budget Sales in units Chairs Tables Total 600 150 750 Sales P 1,200.00 1,050.00 P 187.50 P 1,387.50 VC 112.50 1,162.50 CM 150.00 75.00 225.00 FX 90.00 NI 135.00 Required: a. How many units of tables should be sold next month to break even? b. How many units of chairs should be sold to earn a profit of P150 С. How many units of chairs should be sold to earn a profit of P100 net of 30% tax?
3. Barack Co. BEP in sales are P528,000. The variable cost to sales is 60%, while the profit ratio is 8 Determine the following: 1. Fixed cost 2. Actual Sales 3. Profit 4. Margin of Safety 5. Margin of Safety Ratio - Mahjong Co. produces and sells two products, tables and chairs. Following is next month's inc Sales in units Chairs Tables Total
Transcribed Image Text:3. Barack Co. BEP in sales are P528,000. The variable cost to sales is 60%, while the profit ratio is 8 Determine the following: 1. Fixed cost 2. Actual Sales 3. Profit 4. Margin of Safety 5. Margin of Safety Ratio - Mahjong Co. produces and sells two products, tables and chairs. Following is next month's inc Sales in units Chairs Tables Total
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