Read the selection for questions 6-10. Mark rents a stall in the public market for P5,000.00 a month. He has a helper who helps in his business and he pays him salary of P8,000 a month. He orders fresh chicken from a supplier that cost him P140.00 per kilo. He sells the chicken to his customers at P160.00 per kilo. 6. How you will illustrate the variable cost (VC) when x be the number kilos of chicken sold? VC = 140x VC = 160x vC = 5000x VC = 8000x а. b. с. d. 7. How many kilos of chicken does Mark need to sell to break-even? 200 b. 450 с. 650 d. 800 8. Which of the following ordered pairs determines a break-even point? (500, 32000) b. (650, 104000) (700, 32000) d. (750, 104000) а. с.

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
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Chapter1: Financial Statements And Business Decisions
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Read the selection for questions 6-10.
Mark rents a stall in the public market for P5,000.00 a month. He has a helper
who helps in his business and he pays him salary of P8,000 a month. He orders fresh
chicken from a supplier that cost him P140.00 per kilo. He sells the chicken to his
customers at P160.00 per kilo.
6. How you will illustrate the variable cost (VC) when x be the number kilos of
chicken sold?
VC = 140x
VC = 160x
vC = 5000x
а.
b.
с.
d.
vC = 8000x
7. How many kilos of chicken does Mark need to sell to break-even?
а.
200
b.
450
с.
650
d.
800
8. Which of the following ordered pairs determines a break-even point?
(500, 32000)
(650, 104000)
(700, 32000)
(750, 104000)
а.
b.
с.
d.
9. How much profit will he earn if he sells 700 kilos of chicken?
a. P1,000.00
b. P2,000.00
с.
P3,000.00
d. P4,000.00
10. How many kilos of chicken must be sold to earn a profit of P192,000.00?
10,050
10,150
а.
b.
с.
10,250
d.
10,300
Transcribed Image Text:Read the selection for questions 6-10. Mark rents a stall in the public market for P5,000.00 a month. He has a helper who helps in his business and he pays him salary of P8,000 a month. He orders fresh chicken from a supplier that cost him P140.00 per kilo. He sells the chicken to his customers at P160.00 per kilo. 6. How you will illustrate the variable cost (VC) when x be the number kilos of chicken sold? VC = 140x VC = 160x vC = 5000x а. b. с. d. vC = 8000x 7. How many kilos of chicken does Mark need to sell to break-even? а. 200 b. 450 с. 650 d. 800 8. Which of the following ordered pairs determines a break-even point? (500, 32000) (650, 104000) (700, 32000) (750, 104000) а. b. с. d. 9. How much profit will he earn if he sells 700 kilos of chicken? a. P1,000.00 b. P2,000.00 с. P3,000.00 d. P4,000.00 10. How many kilos of chicken must be sold to earn a profit of P192,000.00? 10,050 10,150 а. b. с. 10,250 d. 10,300
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