A Civil Engineer produces a certain construction material at a labor cost of P16.20 per piece, materials cost of P38.50 per piece and variable cost of P7.40 per piece. The fixed charges on the business is P100,000 a month. If the product is sold for P95.00 each, how many pieces must be made and sold each month to break even?
A Civil Engineer produces a certain construction material at a labor cost of P16.20 per piece, materials cost of P38.50 per piece and variable cost of P7.40 per piece. The fixed charges on the business is P100,000 a month. If the product is sold for P95.00 each, how many pieces must be made and sold each month to break even?
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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A Civil Engineer produces a certain construction material at a labor cost of P16.20 per piece, materials cost of P38.50 per piece and variable cost of P7.40 per piece. The fixed charges on the business is P100,000 a month. If the product is sold for P95.00 each, how many pieces must be made and sold each month to break even?
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