A factory engaged in the fabrication of an automobile part with a production capacity of 700,000 units per year is only operating at 62% of capacity due to unavailability of the necessary foreign currency to fiancé the importation of their raw materials. The annual income is P430,000, annual fixed costs are P190,000 and variable costs are PO.348 per unit. What is the current profit or loss?
A factory engaged in the fabrication of an automobile part with a production capacity of 700,000 units per year is only operating at 62% of capacity due to unavailability of the necessary foreign currency to fiancé the importation of their raw materials. The annual income is P430,000, annual fixed costs are P190,000 and variable costs are PO.348 per unit. What is the current profit or loss?
Chapter2: Loads On Structures
Section: Chapter Questions
Problem 1P
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