Ethan wants to cash in on the increased demand for ethanol. Accordingly, he purchased a corn farm in Mindanao. Ethan believes his corn crop can be sold to an ethanol plant for P4.80 per kilo, Variable cost associated with growing and selling a kilo of corn is P4.00. Ethan's annual fixed cost is P132,000. 1. What is the break-even point in sales pesos and kilos of corn? 2. If Ethan's farm is 1,375 hectares, how many kilos must he produce per hectare to break even?

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