For items 25 to 26 The following information were taken from the records of Zamboanga Corporation Product XX Product YY Amount P80.000 Sales (2.000 x P10) P20,000 Variable cost (2.000 at P6)12.000 (3,000 x P20) P60,000 (3.000 x P14) 42,000 54.000 Contribution margin 8.000 26,000 4.000 5,100 9.100 Fixed costs Net profit P 4.000 P12.900 P16.900 O que s 25. Assuming that fixed cost is traceable to each product, the breakeven 1 sales for Product YY, is 850 O 10,000 17,000 O 28,000 26. The breakeven units for Product XX if the fixed costs are jointly used is 1 1050 850 1700 700 18.000
For items 25 to 26 The following information were taken from the records of Zamboanga Corporation Product XX Product YY Amount P80.000 Sales (2.000 x P10) P20,000 Variable cost (2.000 at P6)12.000 (3,000 x P20) P60,000 (3.000 x P14) 42,000 54.000 Contribution margin 8.000 26,000 4.000 5,100 9.100 Fixed costs Net profit P 4.000 P12.900 P16.900 O que s 25. Assuming that fixed cost is traceable to each product, the breakeven 1 sales for Product YY, is 850 O 10,000 17,000 O 28,000 26. The breakeven units for Product XX if the fixed costs are jointly used is 1 1050 850 1700 700 18.000
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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Depreciation Methods
The word "depreciation" is defined as an accounting method wherein the cost of tangible assets is spread over its useful life and it usually denotes how much of the assets value has been used up. The depreciation is usually considered as an operating expense. The main reason behind depreciation includes wear and tear of the assets, obsolescence etc.
Depreciation Accounting
In terms of accounting, with the passage of time the value of a fixed asset (like machinery, plants, furniture etc.) goes down over a specific period of time is known as depreciation. Now, the question comes in your mind, why the value of the fixed asset reduces over time.
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