Reference no: EM132999594
Question - Jeffy Inc. sells a single product. The company's most recent net income statement is given below. Assume that at this level, the number of units sold is P10,000.
Sales P200,000
Less: Flexible (Variable) Expenses (120,000)
Contribution Margin 80,000
Less: Capacity related (Fixed) Expenses (50,000)
Net Income P30,000
a) Determine the Selling price per unit?
b) Determine the Variable cost per unit?
c) Determine the Contribution margin per unit?
d) Determine the Contribution margin ratio?
e) Determine the Break-even point in units?
f) Determine the Break-even point in total peso sales?
g) To achieve P40,000 in net income, what is the total sales?
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