NUBD Co. is planning to market 300,000 units of Product X. The fixed costs are P600,000 and the variable costs are 60% of the selling price. Compute the selling price per unit if the company expects to earn a profit of P120,000 on its planned sales.
NUBD Co. is planning to market 300,000 units of Product X. The fixed costs are P600,000 and the variable costs are 60% of the selling price. Compute the selling price per unit if the company expects to earn a profit of P120,000 on its planned sales.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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NUBD Co. is planning to market 300,000 units of Product X. The fixed costs are P600,000 and the variable costs are 60% of the selling price.
Compute the selling price per unit if the company expects to earn a profit of P120,000 on its planned sales.
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