Cash flow diagram.
Survey of Accounting (Accounting I)
8th Edition
ISBN:9781305961883
Author:Carl Warren
Publisher:Carl Warren
Chapter11: Cost-volume-profit Analysis
Section: Chapter Questions
Problem 11.16E
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Question
![GIVEN VALUES
2021
2022
2023
2024
Gross Sales of PET bottles at
1.50 (P)
Cost of Raw material (direct
ost)
Net Sales (P)
480,000
492,000
504,300
516,907.5
96,000
98,400
|100,860
|103,381.5
384,000
393,600
403,440
413,526
1,200,000
Building Machinery and
Equipment (P)
Operating Cost (P)
1,080,000
960,000
840,000
86,000
88,150
90,353.7
92,61 2.5
Depreciation(P)
120,000
120,000
120,000
|120,000
Tax at 30%of Net sales (P)
115,200
118,080
121,032
124,057.8
Total Expense (P)
321,200
326,230
331,385.7
336,670.3
Net Income
P62,800
P67,370
P72,054.3
P76,855.7](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F6dac23ee-f5ed-4644-9723-da15e467c512%2Fef44052e-2c5b-4f4b-a7c3-f308cab23ba2%2F3kbcqla_processed.jpeg&w=3840&q=75)
Transcribed Image Text:GIVEN VALUES
2021
2022
2023
2024
Gross Sales of PET bottles at
1.50 (P)
Cost of Raw material (direct
ost)
Net Sales (P)
480,000
492,000
504,300
516,907.5
96,000
98,400
|100,860
|103,381.5
384,000
393,600
403,440
413,526
1,200,000
Building Machinery and
Equipment (P)
Operating Cost (P)
1,080,000
960,000
840,000
86,000
88,150
90,353.7
92,61 2.5
Depreciation(P)
120,000
120,000
120,000
|120,000
Tax at 30%of Net sales (P)
115,200
118,080
121,032
124,057.8
Total Expense (P)
321,200
326,230
331,385.7
336,670.3
Net Income
P62,800
P67,370
P72,054.3
P76,855.7
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