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What would the estimate of total utilities cost be

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Problem 1. Sales for a retail store were Php250,000. Net operating income totaled Php30,000 and cost of goods sold was Php110,000. If the contribution margin was Php100,000, total variable selling and administrative expenses must have been:

a. Php40,000             c. Php70,000

b. Php100,000           d. Php 150,000

Problem 2. Ruskin Company had utilities cost of Php95,000 at an output level of 30,000 units. The utilities cost was a mixed cost and the fixed portion was Php50,000. What would the estimate of total utilities cost be at an output level of 40,000 units?

a. Php65,000           c. Php110,000

b. Php95,000           d. Php125,000

 

Reference no: EM132893516

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