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How many units of Product Excellence would have to be sold in October 2021 in order to generate an net income after tax of P22,500?

How many units of Product Excellence would have to be sold in October 2021 in order to generate an net income after tax of P22,500?

FINANCIAL ACCOUNTING
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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How many units of Product Excellence would have to be sold in October 2021 in order to generate an net income after tax of P22,500?

NUBD reported the following results from sales of 5,000 units of Product Excellence for the month of September 2021: Sales Variable cost Tax rate P 200,000 Fixed costs P 120,000 Net income after tax 25% P 50,000 P 22,500 Assume NUBD increases the selling price of Product Excellence by 20% and increases variable cost per unit by P4 on October 1, 2021.
Transcribed Image Text:NUBD reported the following results from sales of 5,000 units of Product Excellence for the month of September 2021: Sales Variable cost Tax rate P 200,000 Fixed costs P 120,000 Net income after tax 25% P 50,000 P 22,500 Assume NUBD increases the selling price of Product Excellence by 20% and increases variable cost per unit by P4 on October 1, 2021.
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