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Product X sells P25 per unit and has related variable costs of P20 per unit. The fixed costs of producing Product X are P40,000 per month. How much should be the sales of product X to earn an operating income of P80,000? P 24,000 P 120,000 P 200,000 P 600,000 Group of answer choices 1 2 3 4

Product X sells P25 per unit and has related variable costs of P20 per unit. The fixed costs of producing Product X are P40,000 per month. How much should be the sales of product X to earn an operating income of P80,000? P 24,000 P 120,000 P 200,000 P 600,000 Group of answer choices 1 2 3 4

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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Product X sells P25 per unit and has related variable costs of P20 per unit. The fixed costs of producing Product X are P40,000 per month. How much should be the sales of product X to earn an operating income of P80,000?

  1. P 24,000
  2. P 120,000
  3. P 200,000
  4. P 600,000
Group of answer choices
1
2
3
4
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