CVP Analysis
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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This topic is about CVP Analysis. Check the photo for the problem
Transcribed Image Text:Presented are comparative 20x1 and 20x2 income
statements for Holiday Productsm Inc.
Holiday Products, Inc.
Comparative Income Statements
For the Years Ending December 3, 20x1 and 20x2
20x1 20x2
Unit sales
5,000 8,000
Sales revenue
P65,000
P104,000
Expenses
75,000 90,000
Net income (loss)
14,000
(P10,000)
P
Requirements:
a. Determine the break-even sales in units.
b. Determine the unit sales volume in (P) and (U)
required to earn a profit of P10,000.
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