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Problem 4 MAS Company's break-even sales are P528, 000 The variable costs ratio to sales is 60%, while the net income percentage to sales is 8%. Based in the above data, compute for the followin 1. Margin of Safety Ratio 2. Actual Sales 3. Margin on Safety 4. Fixed Costs 5. Net Income

Problem 4 MAS Company's break-even sales are P528, 000 The variable costs ratio to sales is 60%, while the net income percentage to sales is 8%. Based in the above data, compute for the followin 1. Margin of Safety Ratio 2. Actual Sales 3. Margin on Safety 4. Fixed Costs 5. Net Income

FINANCIAL ACCOUNTING
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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Problem 4 MAS Company's break-even sales are P528, 000. The variable costs ratio to sales is 60%, while the net income percentage to sales is 8%. Based in the above data, compute for the following: 1. Margin of Safety Ratio 2. Actual Sales 3. Margin on Safety 4. Fixed Costs 5. Net Income
Transcribed Image Text:Problem 4 MAS Company's break-even sales are P528, 000. The variable costs ratio to sales is 60%, while the net income percentage to sales is 8%. Based in the above data, compute for the following: 1. Margin of Safety Ratio 2. Actual Sales 3. Margin on Safety 4. Fixed Costs 5. Net Income
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