Selling price per unit ₱25 Number of units sold 15,000 Contribution margin ratio 30% Net Income ₱50,000 What is the contribution margin in pesos? Show solution Group of answer choices ₱300,000 ₱062,500 ₱112,500 ₱375,000

Selling price per unit ₱25 Number of units sold 15,000 Contribution margin ratio 30% Net Income ₱50,000 What is the contribution margin in pesos? Show solution Group of answer choices ₱300,000 ₱062,500 ₱112,500 ₱375,000

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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Question

16.

Selling price per unit	₱25
Number of units sold	15,000
Contribution margin ratio	30%
Net Income	₱50,000

What is the contribution margin in pesos? Show solution

Group of answer choices

₱300,000

₱062,500

₱112,500

₱375,000

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