Wendell rents a stall in the public market for ₱7,000.00 a month. He has a helper who helps in his business and he pays him salary of ₱8,000 a month. He orders fresh chicken from a supplier that cost him ₱145.00 per kilo. He sells the chicken to his customers at ₱160.00 per kilo. How many kilos of chicken does Mark need to sell to break-even?

Wendell rents a stall in the public market for ₱7,000.00 a month. He has a helper who helps in his business and he pays him salary of ₱8,000 a month. He orders fresh chicken from a supplier that cost him ₱145.00 per kilo. He sells the chicken to his customers at ₱160.00 per kilo. How many kilos of chicken does Mark need to sell to break-even?

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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