Homework Help is Here – Start Your Trial Now!
Business
Accounting
NUBD incorporate these changes in its 2021 forecast, what should be the net income after tax from product Excellence?

NUBD incorporate these changes in its 2021 forecast, what should be the net income after tax from product Excellence?

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
See similar textbooks
icon
Related questions
Question

Assuming NUBD incorporate these changes in its 2021 forecast, what should be the net income after tax from product Excellence?

NUBD reported the following results from sales of 5,000 units of Product Excellence for the month of September 2021: Sales Variable cost Tax rate P 200,000 | Fixed costs P 120,000 Net income after tax 25% P 50,000 P 22,500 Assume NUBD increases the selling price of Product Excellence by 20% and increases variable cost per unit by P4 on October 1, 2021.
Transcribed Image Text:NUBD reported the following results from sales of 5,000 units of Product Excellence for the month of September 2021: Sales Variable cost Tax rate P 200,000 | Fixed costs P 120,000 Net income after tax 25% P 50,000 P 22,500 Assume NUBD increases the selling price of Product Excellence by 20% and increases variable cost per unit by P4 on October 1, 2021.
Expert Solution
steps

Step by step

Solved in 4 steps

SEE SOLUTIONCheck out a sample Q&A here
Blurred answer
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
Accounting
ISBN:
9781259964947
Author:
Libby
Publisher:
MCG
Accounting
Accounting
Accounting
ISBN:
9781337272094
Author:
WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:
Cengage Learning,
Accounting Information Systems
Accounting Information Systems
Accounting
ISBN:
9781337619202
Author:
Hall, James A.
Publisher:
Cengage Learning,
Horngren's Cost Accounting: A Managerial Emphasis…
Horngren's Cost Accounting: A Managerial Emphasis…
Accounting
ISBN:
9780134475585
Author:
Srikant M. Datar, Madhav V. Rajan
Publisher:
PEARSON
Intermediate Accounting
Intermediate Accounting
Accounting
ISBN:
9781259722660
Author:
J. David Spiceland, Mark W. Nelson, Wayne M Thomas
Publisher:
McGraw-Hill Education
Financial and Managerial Accounting
Financial and Managerial Accounting
Accounting
ISBN:
9781259726705
Author:
John J Wild, Ken W. Shaw, Barbara Chiappetta Fundamental Accounting Principles
Publisher:
McGraw-Hill Education
SEE MORE TEXTBOOKS