Show the solution in good accounting form 6. If the sales this year amounted to P500,000, sales this year at last year's prices is P460,000. The cost of salesthis year is P300,000, and the cost of sales this year at last year's price is P260,000. How much is the grossprofit variation due to sales price factor?A. PoB. P400,000 UC. P40,000 FD. P240,000 FE. can't be determined7. If the sales this year amounted to P276,000, sales this year at last year's price is P230,000, the cost of salesthis year is P190,000, and the cost of sales this year at last year's price is P180,000. How much is the gross profitvariation due to sales quantity factor?A. PoB. P40,000 UC. P40,000 FD. P240,000 FE. can't be determined

Name: Show the solution in good accounting form 6. If the sales this year am
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Description: Show the solution in good accounting form 6. If the sales this year amounted to P500,000, sales this year at last year's prices is P460,000. The cost of salesthis year is P300,000, and the cost of sales this year at last year's price is P260,000. How

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Business

Accounting

6. If the sales this year amounted to P500,000, sales this year at last year's prices is P460,000o. The cost of sales this year is P300,000, and the cost of sales this year at last year's price is P260,000. How much is the gross profit variation due to sales price factor? A. PO B. P400,000 U C. P40,000 F D. P240,000 F E. can't be determined

6. If the sales this year amounted to P500,000, sales this year at last year's prices is P460,000o. The cost of sales this year is P300,000, and the cost of sales this year at last year's price is P260,000. How much is the gross profit variation due to sales price factor? A. PO B. P400,000 U C. P40,000 F D. P240,000 F E. can't be determined

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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