National Co., is subject to a 40% income tax rate. The following data pertain to the period just ended when the company produced and sold 45,000 units: Sales revenue Variable costs Fixed costs P1,350,000 810,000 432,000

National Co., is subject to a 40% income tax rate. The following data pertain to the period just ended when the company produced and sold 45,000 units: Sales revenue Variable costs Fixed costs P1,350,000 810,000 432,000

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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Question

How many units must National Co. sell to earn an after-tax profit of P180,000?

National Co., is subject to a 40% income tax rate. The following data pertain to the
period just ended when the company produced and sold 45,000 units:
Sales revenue
Variable costs
Fixed costs
P1,350,000
810,000
432,000

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