What is the contribution margin per lamp

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Reference no: EM132911628

Mcoy Arts sells lamps for P30. The unit variable cost per lamp is P22. Fixed costs total P9,600.

Problem 1: What is the contribution margin per lamp?

Problem 2: What is the breakeven point in lamps?

Problem 3: How many lamps must be sold to earn an operating income of P8,000?

Problem 4: What is the margin of safety, assuming 1,500 lamps are sold?

Reference no: EM132911628

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