XYZ company sells phones for P22, 500 per unit. The variable cost is P10, 000 per unit. The fixed costs are P37, 500, 000. The company wants to have a profit of P12, 500, 000. How many units do they have to sell to achieve this goal? a.3,000 b.4,000 c.5,000 d.6,000

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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XYZ company sells phones for P22, 500 per unit. The variable cost is P10, 000 per unit. The fixed costs are P37, 500, 000. The company wants to have a profit of P12, 500, 000. How many units do they have to sell to achieve this goal?

a.3,000
b.4,000
c.5,000
d.6,000
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