Aldous sales a product for P200. The unit variable cost is P40 with a commission of 10%. Fixed manufacturing costs total P1,000,000 per month. The fixed selling and administrative cost total P420,000. The income tax rate is 30%. The target sales if after tax income is P123.200 would be?

Aldous sales a product for P200. The unit variable cost is P40 with a commission of 10%. Fixed manufacturing costs total P1,000,000 per month. The fixed selling and administrative cost total P420,000. The income tax rate is 30%. The target sales if after tax income is P123.200 would be?

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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Definition Definition Total cost of procuring or producing a product or the cost that an individual or business owner undertakes for the manufacturing of goods.

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