A firm produces a single-product that expects the following results: Sales- ₱450,000; Contribution margin per unit- ₱5.00; Contribution margin ratio-30%; Degree of operating leverage- 10. The firm’s break-even point in units would be? a. 13,500 b. 24,300 c. 27,000 d. 2,700 e. 18,900
A firm produces a single-product that expects the following results: Sales- ₱450,000; Contribution margin per unit- ₱5.00; Contribution margin ratio-30%; Degree of operating leverage- 10. The firm’s break-even point in units would be? a. 13,500 b. 24,300 c. 27,000 d. 2,700 e. 18,900
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
Related questions
Question
A firm produces a single-product that expects the following results: Sales- ₱450,000; Contribution margin per unit- ₱5.00; Contribution margin ratio-30%; Degree of operating leverage- 10. The firm’s break-even point in units would be?
a. 13,500
b. 24,300
c. 27,000
d. 2,700
e. 18,900
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
This is a popular solution!
Trending now
This is a popular solution!
Step by step
Solved in 6 steps
Recommended textbooks for you
Essentials Of Investments
Finance
ISBN:
9781260013924
Author:
Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:
Mcgraw-hill Education,
Essentials Of Investments
Finance
ISBN:
9781260013924
Author:
Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:
Mcgraw-hill Education,
Foundations Of Finance
Finance
ISBN:
9780134897264
Author:
KEOWN, Arthur J., Martin, John D., PETTY, J. William
Publisher:
Pearson,
Fundamentals of Financial Management (MindTap Cou…
Finance
ISBN:
9781337395250
Author:
Eugene F. Brigham, Joel F. Houston
Publisher:
Cengage Learning
Corporate Finance (The Mcgraw-hill/Irwin Series i…
Finance
ISBN:
9780077861759
Author:
Stephen A. Ross Franco Modigliani Professor of Financial Economics Professor, Randolph W Westerfield Robert R. Dockson Deans Chair in Bus. Admin., Jeffrey Jaffe, Bradford D Jordan Professor
Publisher:
McGraw-Hill Education