A company that sells its single product for P40 per unit had after-tax net income for the past year of P1,188,000 afterapplying an effective tax rate of 40%. The projected costs for manufacturing and selling its single product in the comingyear are listed below.Variable costs per unit:Direct materialP5.00Direct labor4.00Manufacturing overheadSelling and administrative costsTotal variable cost per unit6.003.0018.00Annual fixed operating costs:Manufacturing overheadP6,200,000Selling and administrative costs3.700.000Total annual fixed cost9.900.000The peso sales volume required in the coming year to earn the same after-tax net income as the past year is? The following activity and cost data that were provided by Hoist Corporation would help in estimating its futuremaintenance costs:UnitsMaintenance cost3P1.3507P1.59011P1.920-15P2.100Using the least squares regression method to estimates the cost formula, the expected total cost for an activity level of 10 units would be closest to (nearest peso) A company that sells its single product for P40 per unit had after-tax net income for the past year of P1,188,000 afterapplying an effective tax rate of 40%. The projected costs for manufacturing and selling its single product in the comingyear are listed below.Variable costs per unit:Direct materialP5.00Direct labor4.00Manufacturing overhead6.00Selling and administrative costs3.00Total variable cost per unit18.00Annual fixed operating costs:Manufacturing overheadP6,200,000Selling and administrative costs3,700,000Total annual fixed cost9,900,000The peso sales volume required in the coming year to earn the same after-tax net income as the past year is The following activity and cost data that were provided by Hoist Corporation would help in estimating its futuremaintenance costs:UnitsMaintenance costP1,3507P1,59011P1,920_15P2,100Using the least squares regression method toestimates the cost formula, the expected total cost for an activity level of 10 units would be closest to (nearest peso)e.g. 1405.688888, Type 1406

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Answered: A company that sells its single product…

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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A company that sells its single product for P40 per unit had after-tax net income for the past year of P1,188,000 after applying an effective tax rate of 40%. The projected costs for manufacturing and selling its single product in the coming year are listed below. Variable costs per unit: Direct material P5.00 Direct labor 4.00 Manufacturing overhead Selling and administrative costs Total variable cost per unit 6.00 3.00 18.00 Annual fixed operating costs: Manufacturing overhead P6,200,000 Selling and administrative costs 3.700.000 Total annual fixed cost 9.900.000 The peso sales volume required in the coming year to earn the same after-tax net income as the past year is? The following activity and cost data that were provided by Hoist Corporation would help in estimating its future maintenance costs: Units Maintenance cost 3 P1.350 7 P1.590 11 P1.920 -15 P2.100 Using the least squares regression method to estimates the cost formula, the expected total cost for an activity level of 10 units would be closest to (nearest peso)

The following activity and cost data that were provided by Hoist Corporation would help in estimating its future
maintenance costs:
Units
Maintenance cost
P1,350
7
P1,590
11
P1,920
_15
P2,100
Using the least squares regression method to
estimates the cost formula, the expected total cost for an activity level of 10 units would be closest to (nearest peso)
e.g. 1405.688888, Type 1406

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