Of the 12,000 units produced by Hirofumi Company during April 2022, 10,000 units were sold at P50 per unit. Production costs during the month were: Materials P80,000 100,000 Direct labor Factory overhead: Fixed 60,000 Variable 72,000 General and administrative expenses, all fixed, totaled P120,000. Tax rate is 25%.
Of the 12,000 units produced by Hirofumi Company during April 2022, 10,000 units were sold at P50 per unit. Production costs during the month were: Materials P80,000 100,000 Direct labor Factory overhead: Fixed 60,000 Variable 72,000 General and administrative expenses, all fixed, totaled P120,000. Tax rate is 25%.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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What is the approximate breakeven point in units?
![Of the 12,000 units produced by Hirofumi Company during April 2022, 10,000 units were sold at P50 per
unit.
Production costs during the month were:
Materials
P80,000
100,000
Direct labor
Factory overhead:
Fixed
60,000
Variable
72,000
General and administrative expenses, all fixed, totaled P120,000. Tax rate is 25%.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fd05fb743-6ed7-410b-b95a-f91cce913ef2%2Fa1154a6b-c448-4fe2-a215-fc9cf629a6a7%2Fu4kaq5o_processed.png&w=3840&q=75)
Transcribed Image Text:Of the 12,000 units produced by Hirofumi Company during April 2022, 10,000 units were sold at P50 per
unit.
Production costs during the month were:
Materials
P80,000
100,000
Direct labor
Factory overhead:
Fixed
60,000
Variable
72,000
General and administrative expenses, all fixed, totaled P120,000. Tax rate is 25%.
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