How much would nette need to increase the sales

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Problem 1: Nette & Co. has sales of P400,000 with variable costs of P300,000, fixed 1 point costs of P120,000, and an operating loss of P20,000. By how much would Nette need to increase its sales in order to achieve a target operating income of 10% of sales?

a. P 400,000
b. P 462,000
c. P 500,000
d. P 800,000

Reference no: EM133004059

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