mul Jalety 5. Margin of Safety Ratio4. Mahjong Co. produces and sells two products, tables and chairs. Following is next month's income budgetSales in unitsChairsTablesTotal600150750SalesP 1,200.001,050.00P 187.50P 1,387.50VC112.501,162.50CM150.0075.00225.00FX90.00NI135.00Required: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 P150С.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 8Determine 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 incSales in unitsChairsTablesTotal

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10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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