NUBD Company is a medium-sized manufacturer of lamps. During 2021, a new line called "Excellence" was made available to NUBD's customers. The break-even point for sales of Excellence is P400,000 with a contribution margin of 40%. Assuming that the operating profit for the Excellence line for 2021 amounted to P200,000, total sales for 2021 amounted to * Do not use money sign (P). Sample format: 111,111

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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NUBD Company is a medium-sized manufacturer of lamps. During 2021, a new line called
"Excellence" was made available to NUBD's customers. The break-even point for sales of
Excellence is P400,000 with a contribution margin of 40%. Assuming that the operating profit
for the Excellence line for 2021 amounted to P200,000, total sales for 2021 amounted to *
Do not use money sign (P). Sample format: 111,111
Transcribed Image Text:NUBD Company is a medium-sized manufacturer of lamps. During 2021, a new line called "Excellence" was made available to NUBD's customers. The break-even point for sales of Excellence is P400,000 with a contribution margin of 40%. Assuming that the operating profit for the Excellence line for 2021 amounted to P200,000, total sales for 2021 amounted to * Do not use money sign (P). Sample format: 111,111
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