A small-scale industry sells its products at P2.80 per unit. The variable cost is P1.80 per unit. The total fixed cost is P20,000.Determine the following:The break-even quantity and revenueThe profit (or loss) at a sales volume of P15,000 unitsHow can profit be generated if there is a loss in (b)Up to how much should the selling price per unit be increased or decreased to break-even at 15,000, assuming that FC and UVC remain constant.

Given: Selling Price=P 2.8 Variable Cost=P 1.8 Total Fixed cost=P 20000

Answered: A small-scale industry sells its…

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

See similar textbooks

Related questions

Question

A small-scale industry sells its products at P2.80 per unit. The variable cost is P1.80 per unit. The total fixed cost is P20,000.

Determine the following:

The break-even quantity and revenue
The profit (or loss) at a sales volume of P15,000 units
How can profit be generated if there is a loss in (b)
Up to how much should the selling price per unit be increased or decreased to break-even at 15,000, assuming that FC and UVC remain constant.

Expert Solution

Step by step

Solved in 2 steps

SEE SOLUTION Check out a sample Q&A here

Knowledge Booster

Learn more about

Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, economics and related others by exploring similar questions and additional content below.

Similar questions