Easy Problems Corp.produces and sells a singleproduct. The selling price isPhp 25.00 and the variablecosts is Php 15.00 per unit.The corporation's fixed costsis Php 100,000.00 per month.Average monthly sales is11,000 units. 1- 22. Based on the facts of EasyProblems Corp. If thecorporation pays corporate taxat the rate of 30%, and itdesires to earn after tax profitof Php 21,000.00, it mustgenerate a sales of *

Solution Given Selling price per unit 25 Less Variable cost per unit (15)…

Answered: · Easy Problems Corp. produces and…

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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A company has monthly fixed costs of $135,000. The variable costs are $5 per unit. If the sales price of a unit is $12 and we sell 7,500 units, the company's average fixed costs per unit will be OA. $23 per unit. OB. $7 per unit. OC. $18 per unit. OD. $5 per unit.
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· Easy Problems Corp. produces and sells a single product. The selling price is Php 25.00 and the variable costs is Php 15.00 per unit. The corporation's fixed costs 10