The break-even point in units sold of ABC Company is 44,000 units. If fixed costs is equal to P880,00 annually and variable costs are P10 per unit, what is the contribution margin per unit for ABC Company? 1. P 10.00 2. P 20.00 3. P 44,00 4. P 88.00
The break-even point in units sold of ABC Company is 44,000 units. If fixed costs is equal to P880,00 annually and variable costs are P10 per unit, what is the contribution margin per unit for ABC Company? 1. P 10.00 2. P 20.00 3. P 44,00 4. P 88.00
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
The break-even point in units sold of ABC Company is 44,000 units. If fixed costs is equal to P880,00 annually and variable costs are P10 per unit, what is the contribution margin per unit for ABC Company?
1. P 10.00
2. P 20.00
3. P 44,00
4. P 88.00
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
This is a popular solution!
Trending now
This is a popular solution!
Step by step
Solved in 2 steps
Recommended textbooks for you
Accounting
Accounting
ISBN:
9781337272094
Author:
WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:
Cengage Learning,
Accounting Information Systems
Accounting
ISBN:
9781337619202
Author:
Hall, James A.
Publisher:
Cengage Learning,
Accounting
Accounting
ISBN:
9781337272094
Author:
WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:
Cengage Learning,
Accounting Information Systems
Accounting
ISBN:
9781337619202
Author:
Hall, James A.
Publisher:
Cengage Learning,
Horngren's Cost Accounting: A Managerial Emphasis…
Accounting
ISBN:
9780134475585
Author:
Srikant M. Datar, Madhav V. Rajan
Publisher:
PEARSON
Intermediate Accounting
Accounting
ISBN:
9781259722660
Author:
J. David Spiceland, Mark W. Nelson, Wayne M Thomas
Publisher:
McGraw-Hill Education
Financial and Managerial Accounting
Accounting
ISBN:
9781259726705
Author:
John J Wild, Ken W. Shaw, Barbara Chiappetta Fundamental Accounting Principles
Publisher:
McGraw-Hill Education