Carol Co. sells two products, Arks and Bins. Last year Carol sold 14,000 units of Arks and 56,000 units of Bins. Related data are: Unit Selling Price Unit Variable Cost P80 Unit Contribution Product Arks Bins Margin P40 P120 80 60 20

Carol Co. sells two products, Arks and Bins. Last year Carol sold 14,000 units of Arks and 56,000 units of Bins. Related data are: Unit Selling Price Unit Variable Cost P80 Unit Contribution Product Arks Bins Margin P40 P120 80 60 20

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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Question

Assuming that last year's fixed costs totaled P960,000, what was Carol Co.'s break-even point in units?

40,000 units
28,000 units
12,000 units
35,000 units

Carol Co. sells two products, Arks and Bins. Last year Carol sold 14,000 units of Arks and
56,000 units of Bins. Related data are:
Unit Selling
Unit Variable
Cost
Unit Contribution
Margin
Product
Arks
Bins
Price
P120
P80
P40
80
60
20

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