MULTIPLE CHOICE QUESTIONS 1. The following information pertains to Sylvia Co. Revenues P80,000 16,000 40,000 Variable costs Fixed costs What is Sylvia's breakeven point in revenues? a. P200,000 d. P40,000 b. P160,000 C. P50,000

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
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Chapter1: Financial Statements And Business Decisions
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Please anwer the number 1 and do provide the solution as possible. Thank you so much!

MULTIPLE CHOICE QUESTIONS
1. The following information pertains to Sylvia Co.
Revenues
Variable costs
Fixed costs
P80,000
16,000
40,000
What is Sylvia's breakeven point in revenues?
a. P200,000
b. P160,000
c. P50,000
d. P40,000
Items 2 and 3 are based on the following selected budgeted data of ABC Company for the coming vear:
Transcribed Image Text:MULTIPLE CHOICE QUESTIONS 1. The following information pertains to Sylvia Co. Revenues Variable costs Fixed costs P80,000 16,000 40,000 What is Sylvia's breakeven point in revenues? a. P200,000 b. P160,000 c. P50,000 d. P40,000 Items 2 and 3 are based on the following selected budgeted data of ABC Company for the coming vear:
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