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If the imputed charge is charge is 15% and Webb wants to achieve a residu target of P2,000,000, what will costs have to be in order to achieve the target P 9,000,000 b. P10,800,000 а. С. P25,150,000 d. P25,690,000

If the imputed charge is charge is 15% and Webb wants to achieve a residu target of P2,000,000, what will costs have to be in order to achieve the target P 9,000,000 b. P10,800,000 а. С. P25,150,000 d. P25,690,000

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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76. James Webb is the general manager of the Industrial Product Division, and his perfor- mance is measured using the residual income method. Webb is reviewing the following forecasted information for his division for next year:
Transcribed Image Text:76. James Webb is the general manager of the Industrial Product Division, and his perfor- mance is measured using the residual income method. Webb is reviewing the following forecasted information for his division for next year:
Amount (thousands) P 1,800 30,000 17,200 Category Working capital Revenue Plant and equipment If the imputed charge is charge is 15% and Webb wants to achieve a residual income target of P2,000,000, what will costs have to be in order to achieve the target? P 9,000,000 b. P10,800,000 C. P25,150,000 d. P25,690,000 a. (ста)
Transcribed Image Text:Amount (thousands) P 1,800 30,000 17,200 Category Working capital Revenue Plant and equipment If the imputed charge is charge is 15% and Webb wants to achieve a residual income target of P2,000,000, what will costs have to be in order to achieve the target? P 9,000,000 b. P10,800,000 C. P25,150,000 d. P25,690,000 a. (ста)
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