Martinez Company produces and sells a particular home appliance. The variable cost (VC) per unit is P50. The unit selling price (SP) is P120 while fixed cost (FC) is P75,000. How mush is P when R volume is 7,000 units? a. 840,000 b. 415,000 c. 490,000 d. 350000

Martinez Company produces and sells a particular home appliance. The variable cost (VC) per unit is P50. The unit selling price (SP) is P120 while fixed cost (FC) is P75,000. How mush is P when R volume is 7,000 units? a. 840,000 b. 415,000 c. 490,000 d. 350000

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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