What is amount of sales

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Reference no: EM132924995

Question - CVP Analysis and Breakeven - Based on the following:

Profit margin before tax based on sales 8%

Margin of safety ratio 20%

Fixed costs P1,200,000

Variable cost of goods sold 25%

Required -

a. What is amount of sales?

b. What is variable selling and administrative expense?

Reference no: EM132924995

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