During the year, the total fixed costs amounted to P60, 000 when the contribution margin is 40% of sales and operating income is 10% of sales. a. How much is the total sales ? b. how much is the total variable costs ?

During the year, the total fixed costs amounted to P60, 000 when the contribution margin is 40% of sales and operating income is 10% of sales. a. How much is the total sales ? b. how much is the total variable costs ?

Managerial Accounting: The Cornerstone of Business Decision-Making

7th Edition

ISBN:9781337115773

Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Chapter3: Cost Behavior And Cost Forecasting

Section: Chapter Questions

Problem 3DQ: Suppose a company finds that shipping cost is 3,560 each month plus 6.70 per package shipped. What...

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During the year, the total fixed costs amounted to P60, 000 when the contribution margin is
40% of sales and operating income is 10% of sales.
a. How much is the total sales ?
b. how much is the total variable costs ?

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