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
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ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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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

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