The following information pertain to questions 10 through 13. Hoopie Company sells a single product. The company’s sales and expenses for the recent month follow: Total Per unit Sales P600,000 P40 Less: Variable expenses 420,000_ 28_ Contribution margin 180,000 P12 Less: Fixed expenses 150,00__ Net operating income P30,000 10. What is the monthly break-even point in units sold? a. 12, 000 units b. 12,500 units c. 15,200 units d. 11,000 units
The following information pertain to questions 10 through 13. Hoopie Company sells a single product. The company’s sales and expenses for the recent month follow: Total Per unit Sales P600,000 P40 Less: Variable expenses 420,000_ 28_ Contribution margin 180,000 P12 Less: Fixed expenses 150,00__ Net operating income P30,000 10. What is the monthly break-even point in units sold? a. 12, 000 units b. 12,500 units c. 15,200 units d. 11,000 units
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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The following information pertain to questions 10 through 13. Hoopie Company sells a single product. The
company’s sales and expenses for the recent month follow:
Total Per unit
Sales P600,000 P40
Less: Variable expenses 420,000_ 28_
Contribution margin 180,000 P12
Less: Fixed expenses 150,00__
Net operating income P30,000
10. What is the monthly break-even point in units sold?
a. 12, 000 units b. 12,500 units c. 15,200 units d. 11,000 units
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