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profit after taxes will be produced

profit after taxes will be produced

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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Belowis an income statem ent for NUBD Company: P 400,000 (120,000) Contribution margin P280,000 (200.000) Profit before taxes P 80,000 (20,000) P 60.000 Sales Variable costs Fixed costs Income tax Net income
Transcribed Image Text:Belowis an income statem ent for NUBD Company: P 400,000 (120,000) Contribution margin P280,000 (200.000) Profit before taxes P 80,000 (20,000) P 60.000 Sales Variable costs Fixed costs Income tax Net income
Assuming that the fixed costs are expected to remain at P200,000 for the coming year and the sales price per unit and variable costs per unit are also expected to remain constant, how much profit after taxes will be produced if the company anticipates sales for the coming year rising to 125 percent of the current year's level? *
Transcribed Image Text:Assuming that the fixed costs are expected to remain at P200,000 for the coming year and the sales price per unit and variable costs per unit are also expected to remain constant, how much profit after taxes will be produced if the company anticipates sales for the coming year rising to 125 percent of the current year's level? *
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