4. Dynamic Corp. had sales of P1,500,000, fixed costs of P400,00 and variable cost of P900,000. What would be the amount of the sales pesos at breakeven point? a. P1,000,000 b. P1,200,000 c. P1,500,000 d. P1,800,000 5. Refer to question No. 4. How much should the sales be in order to produce a net income of P300,000? a. P2,500,000 b. P2,250,000 c. P2,000,000 d. P1,750,000
4. Dynamic Corp. had sales of P1,500,000, fixed costs of P400,00 and variable cost of P900,000. What would be the amount of the sales pesos at breakeven point? a. P1,000,000 b. P1,200,000 c. P1,500,000 d. P1,800,000 5. Refer to question No. 4. How much should the sales be in order to produce a net income of P300,000? a. P2,500,000 b. P2,250,000 c. P2,000,000 d. P1,750,000
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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4. Dynamic Corp. had sales of P1,500,000, fixed costs of P400,00 and variable cost of P900,000.
What would be the amount of the sales pesos at breakeven point? a. P1,000,000
b. P1,200,000
c. P1,500,000
d. P1,800,000
5. Refer to question No. 4. How much should the sales be in order to produce a net income of P300,000?
a. P2,500,000
b. P2,250,000
c. P2,000,000
d. P1,750,000
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