3. Analysis and Critical ThinkingFor the month of January, Organic Foods had a revenue ofP500,000, variable expenses of P400,000, and fixed expensesP85,000. In order for the company to earn Pl00,000 of profit forFebruary, how much should the revenue be?of

Desired Sales to earn Desired Profit = Fixed Cost + Desired ProfitP/V Ratio PV Ratio:…

For the month of January, Organic Foods had a revenue of P500,000, variable expenses of P400,000, and fixed expenses of P85,000. In order for the company to earn P100,000 of profit for February, how much should the revenue be?

For the month of January, Organic Foods had a revenue of P500,000, variable expenses of P400,000, and fixed expenses of P85,000. In order for the company to earn P100,000 of profit for February, how much should the revenue be?

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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11. Subject:-Accounting
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