Reference no: EM132638918
Oslo Co.'s industrial photo-finishing division incurred the following expenses last year:
Variable Fixed
Direct materials P200,000
Direct labor 150,000
Factory overhead 70,000 P 42,000
Selling and administrative 30,000 48,000
Total P450,000 P 90,000
During the year, the division sold 300,000 photo-prints for P2.00 each.
Question 1. How many photo-prints did the division have to sell to break even?
a. 180,000 b. 120,000 c. 90,000 d. 60,000
Question 2. What was the division's total contribution margin?
a. P250,000 b. P180,000 c. P150,000 d. P60,000
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