Bluejeans Company has an after-tax profit of P140,000. Bluejeans hás a return on sa 20% and the tax rate is 30%. The total fixed costs of Bluejeans amounts to P100,0 the contribution margin ratio if the sales volume increases to 150%? (use two decimal places, e.g. 82.20%, 55.31% or 0.82, 0.55, these will be counted as cor

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Bluejeans Company has an after-tax profit of P140,000. Bluejeans hás a return on sales of
20% and the tax rate is 30%. The total fixed costs of Bluejeans amounts to P100,000, what is
the contribution margin ratio if the sales volume increases to 150%?
(use two decimal places, e.g. 82.20%, 55.31% or 0.82, 0.55, these will be counted as correct
answers)
Transcribed Image Text:Bluejeans Company has an after-tax profit of P140,000. Bluejeans hás a return on sales of 20% and the tax rate is 30%. The total fixed costs of Bluejeans amounts to P100,000, what is the contribution margin ratio if the sales volume increases to 150%? (use two decimal places, e.g. 82.20%, 55.31% or 0.82, 0.55, these will be counted as correct answers)
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