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Compute the amount of profit and fixed costs

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Reference no: EM132634506

Question 1: COMPUTE FOR THE MISSING ITEMS:

CASE A:

Profit Percentage - 15%

Variable Cost `Percentage- 60%

Actual Sales- P2,500,000

Fixed Costs- ?

Amount of Profit- ?

CASE B:

Contribution Margin %- 40%

Break-Even Point %- 80%

Fixed Costs- P500,000

Actual Sales- ?

Amount of Profit- ?

Reference no: EM132634506

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