The Xyden Company sells grips for P6 per unit. Variable costs are P2 per unit. Fixed costs are P37,500. How many grips must be sold to realize a profit before income taxes of 15% of sales? a. 9,375 units b. 9,740 units c. 11,029 units d. 12,097 units

The Xyden Company sells grips for P6 per unit. Variable costs are P2 per unit. Fixed costs are P37,500. How many grips must be sold to realize a profit before income taxes of 15% of sales? a. 9,375 units b. 9,740 units c. 11,029 units d. 12,097 units

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

The Xyden Company sells grips for P6 per unit. Variable costs are P2 per unit. Fixed costs are P37,500. How many grips must be sold to realize a profit before income taxes of 15% of sales?

a. 9,375 units

b. 9,740 units

c. 11,029 units

d. 12,097 units

6. The Xyden Company sells grips for P6 per unit. Variable costs are P2 per unit.
Fixed costs are P37,500. How many grips must be sold to realize a profit before
income taxes of 15% of sales?
a. 9,375 units
b. 9,740 units
c. 11,029 units
d. 12,097 units

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