TYPEWRITTEN ONLY PLEASE. ILL UPVOTE ONLY IF TYPEWRITTEN, COMPLETE, AND CORRECT. DONT ANSWER IF YOU ALREADY ANSWERED THIS, ILL DOWNVOTE. THANK YOU 5.Kabundukan Dairy makes cheese, which it sells at local supermarkets. The fixedmonthly cost of production is $4,000, and the variable cost per pound of cheese is $0.21. Thecheese sells for P0.75 per pound; however, the dairy is considering raising the price to P0.95 perpound. The dairy currently produces and sells 9,000 pounds of cheese per month, but if it raisesits price per pound, sales will decrease to 5,700 pounds per month. Should the dairy raise theprice?5

Given: Fixed Cost - 4000 Variable Cost - 0.21 per pound Selling price - 0.75 per pound Unit can be…

Kabundukan Dairy makes cheese, which it sells at local supermarkets. The fixed monthly cost of production is P4,000, and the variable cost per pound of cheese is P0.21. The cheese sells for P0.75 per pound; however, the dairy is considering raising the price to PO.95 per pound. The dairy currently produces and sells 9,000 pounds of cheese per month, but if it raises its price per pound, sales will decrease to 5,700 pounds per month. Should the dairy raise the price?

Kabundukan Dairy makes cheese, which it sells at local supermarkets. The fixed monthly cost of production is P4,000, and the variable cost per pound of cheese is P0.21. The cheese sells for P0.75 per pound; however, the dairy is considering raising the price to PO.95 per pound. The dairy currently produces and sells 9,000 pounds of cheese per month, but if it raises its price per pound, sales will decrease to 5,700 pounds per month. Should the dairy raise the price?

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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