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A factory produces a cheddar snack flavor with a Fixed Factory Overhead Cost of P60,000 and Fixed Selling Overhead Cost amounting to P12,000. The Variable Manufacturing cost per unit is P12 and the Variable Selling Cost per Unit is P3. The factory peg the Selling Price per unit to P24. Use Goal-Seek if necessary Supply the following values in the boxes provided for below: 1 Fixed Factory Overhead Cost 2 Fixed Selling Overhead Cost 3 Variable Manufacturing Cost per unit 4 Variable Selling Cost per unit 5 Selling Price per unit

A factory produces a cheddar snack flavor with a Fixed Factory Overhead Cost of P60,000 and Fixed Selling Overhead Cost amounting to P12,000. The Variable Manufacturing cost per unit is P12 and the Variable Selling Cost per Unit is P3. The factory peg the Selling Price per unit to P24. Use Goal-Seek if necessary Supply the following values in the boxes provided for below: 1 Fixed Factory Overhead Cost 2 Fixed Selling Overhead Cost 3 Variable Manufacturing Cost per unit 4 Variable Selling Cost per unit 5 Selling Price per unit

FINANCIAL ACCOUNTING
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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TEST I. BREAK-EVEN POINT A factory produces a cheddar snack flavor with a Fixed Factory Overhead Cost of P60,000 and Fixed Selling Overhead Cost amounting to P12,000. The Variable Manufacturing cost per unit is P12 and the Variable Selling Cost per Unit is P3. The factory peg the Selling Price per unit to P24. Use Goal-Seek if necessary Supply the following values in the boxes provided for below: 1 Fixed Factory Overhead Cost 2 Fixed Selling Overhead Cost 3 Variable Manufacturing Cost per unit 4 Variable Selling Cost per unit 5 Selling Price per unit 6 Fixed Cost 7 Variable Cost 8 Break-Even Point (units) 9 Total Cost 10 Total Revenue 11 Total Profit 12 What is the Selling Price if the Break-Even Point is 5,000 units? 13 What is the Number of Units to be Sold if the Profit is P90,000? 14 What is the Variable Manufacturing Cost per unit if the BEP is 25,000 units? 15 If the Total Cost amounts to P200,000, what is the BEP?
Transcribed Image Text:TEST I. BREAK-EVEN POINT A factory produces a cheddar snack flavor with a Fixed Factory Overhead Cost of P60,000 and Fixed Selling Overhead Cost amounting to P12,000. The Variable Manufacturing cost per unit is P12 and the Variable Selling Cost per Unit is P3. The factory peg the Selling Price per unit to P24. Use Goal-Seek if necessary Supply the following values in the boxes provided for below: 1 Fixed Factory Overhead Cost 2 Fixed Selling Overhead Cost 3 Variable Manufacturing Cost per unit 4 Variable Selling Cost per unit 5 Selling Price per unit 6 Fixed Cost 7 Variable Cost 8 Break-Even Point (units) 9 Total Cost 10 Total Revenue 11 Total Profit 12 What is the Selling Price if the Break-Even Point is 5,000 units? 13 What is the Number of Units to be Sold if the Profit is P90,000? 14 What is the Variable Manufacturing Cost per unit if the BEP is 25,000 units? 15 If the Total Cost amounts to P200,000, what is the BEP?
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