Solution-Determining the current year sales

Determining the current year sales

Reference no: EM133272907

1. Xian Company had a margin of safety ratio of 20%, variable costs of 60% of sales, fixed costs of P240,000, a break-even point of P600,000, and an operating income of P60,000 for the current year. How much is the current year's sales? 750,000 show the solution

2. Cardo Company produces and sells two products: Coco and Martin in the ratio of 3:5. Selling prices for Coco and Martin are, respectively, P1,000 and P300; respective variable costs are P400 and P210. The company's fixed costs are P1,800,000 per year. How many units of Coco must be sold by Kidd to earn 12% on sales revenue in after tax income, assuming an income tax rate of 30%? 2,800 show the solution

Reference no: EM133272907

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Determining the current year sales

Reference no: EM133272907

Reference no: EM133272907

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