ABC Co. is a wholesaler that sells a single product. Management has provided the following cost data for two levels of monthly sales volume. The company sells the product for P140.50 per unit. 7,000 P497,400 P580,300 P294,700 Sales 6,000 Cost of sales Selling & Admin costs P273,600 The best estimate of the total contribution margin when 6,300 units are sold is:
ABC Co. is a wholesaler that sells a single product. Management has provided the following cost data for two levels of monthly sales volume. The company sells the product for P140.50 per unit. 7,000 P497,400 P580,300 P294,700 Sales 6,000 Cost of sales Selling & Admin costs P273,600 The best estimate of the total contribution margin when 6,300 units are sold is:
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
A. P75,600
B. P97,650
C. P229,950
D. P362,880
E. Answer not given
![ABC Co. is a wholesaler that sells a single product. Management has provided the following cost data for two
levels of monthly sales volume. The company sells the product for P140.50 per unit.
7,000
P497,400 P580,300
P294,700
Sales
6,000
Cost of sales
Selling & Admin costs P273,600
The best estimate of the total contribution margin when 6,300 units are sold is:](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F51f3fa64-25d2-45e0-96c9-a29be5c93bd2%2F8d362de7-7961-44c1-881c-f3512fcdf7de%2F3wsyxd_processed.jpeg&w=3840&q=75)
Transcribed Image Text:ABC Co. is a wholesaler that sells a single product. Management has provided the following cost data for two
levels of monthly sales volume. The company sells the product for P140.50 per unit.
7,000
P497,400 P580,300
P294,700
Sales
6,000
Cost of sales
Selling & Admin costs P273,600
The best estimate of the total contribution margin when 6,300 units are sold is:
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