Darigold, Inc., sells Product M for P5 per unit. The fixed cost is P210,000 and the variable cost is 60% of the selling price. What would be the amount of sales if Darigold is to realize a profit of 10% of sales OP420,000 P472,500 P525. 000

FINANCIAL ACCOUNTING
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Chapter1: Financial Statements And Business Decisions
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Darigold, Inc., sells Product M for P5 per unit. The fixed cost is P210,000 and the
variable cost is 60% of the selling price. What would be the amount of sales if Darigold
is to realize a profit of 10% of sales
OP420,000
P472,500
P525,000
P700,000
Transcribed Image Text:Darigold, Inc., sells Product M for P5 per unit. The fixed cost is P210,000 and the variable cost is 60% of the selling price. What would be the amount of sales if Darigold is to realize a profit of 10% of sales OP420,000 P472,500 P525,000 P700,000
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