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Determine the target sales

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Reference no: EM132947276

Problem - PIOLO, Inc. sells Product X to retailers for P200. The unit variable cost is P40 with a selling commission of 10%. Fixed manufacturing cost totals P1,000,000 per month, while fixed selling and administrative cost equals P420,000. The income tax rate is 30%. Determine the target sales if after tax income is P123,200?

Reference no: EM132947276

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