Wafuwafa Company reported the following results from sales of 5,000 units of Product A for June: (refer to image) Assume that Wafuwafa increases the selling price of Product A by 10 percent in July. How many units of Product A would have to be sold in July to generate an operating income of P20,000? a. 4,000

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
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Chapter1: Financial Statements And Business Decisions
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Wafuwafa Company reported the following results from sales of 5,000 units of Product A for June: (refer to image) Assume that Wafuwafa increases the selling price of Product A by 10 percent in July. How many units of Product A would have to be sold in July to generate an operating income of P20,000?

a. 4,000
 
 
 
b. 4,300
 
 
 
c. 4,500
 
 
 
d. 5,000
Sales
P200,000
(120,000)
(60,000)
P 20,000
Variable costs
Fixed costs
Operating income
Transcribed Image Text:Sales P200,000 (120,000) (60,000) P 20,000 Variable costs Fixed costs Operating income
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