Question
Answered step-by-step

show computations

Image transcription text

37) Spleen Company with P210,000 of fixed cost has the following data: Product X Product Y Unit sales price P10 P5 Unit variable costs P 8 P4 Assume that 3 units of X are sold for each unit of Y. how much is the contribution margin of product X at its breakeven point? A. 900,000 B. 180,000 C. 120,000 D. 90,000 38) Sales in Kenya Company declined from P100,000 per year to P80,000 per year, while net operating income declined by 300 percent. Given these data, the company must have had an operating leverage of: A. 15 B. 2.7 C. 30 D. 12 39) For its most recent fiscal year, Corn Company reported that its contribution margin was equal to 40 percent of sales and that its net income amounted to 10 percent of sales. If its fixed cost for the year were P60,000, how much was the margin of safety? A. 150,000 200,000 C. 600,000 D. 50,000 40) Apple Company has fixed costs of P200,ooo and breakeven sales of P1, 600,000. What is the projected profit at P2,400,000 sales? A. 600,000 B. 300,000 C. 800,000 D. 100,000 41) At a volume of 15,000 units, Boston reported sales revenues of P600,000, variable costs of P225,000, and fixed costs of P120,000. The company's contribution margin per unit is: A. 17 B. 25 C. 47 D. 55 42) Given the selling price at P120 per unit; contribution margin ratio at 25% and fixed costs of P250,000, the total variable expenses at the break-even point would be: A. 350,00 0 750,000 450,000 D. 250,000 43) Asher Company manufactures fans with direct material costs of P10 per unit and direct labor of P7 per unit. A local carrier charges Asher P5 per unit to make deliveries. Sales commissions are paid at 10% of the selling price. Fans are sold for P100 each. Indirect factory costs and administrative costs are P6,800 and P37,200 per month, respectively. How many fans must Asher produce to break even? A. 1,375 B. 647 C. 564 D. 530 44) Thomas Company sells products XXX, YYY and ZZZ. Thomas sells three units of XXX for each unit of ZZZ, and two units of YYY for each unit of XXX. The contribution margins are P1.00 per unit of XXX, P1.50 per unit of YYY, and P3.00 per unit of ZZZ. The fixed costs are P600,000. How many units of XXX would Thomas sell at the breakeven point? A. 40,000 units B. 120,000 units C. 360,000 units D. 400,000 units

... Show more

Answer & Explanation
Verified Solved by verified expert
Rated Helpful

dictum vitae od

m ipsum do

nec facilisi

e vel laoreet a

ce dui lec

amet, consecte

et, consect

sus ante, dapib

lestie consequat, ultrices ac magna. Fusce dui lectus, congue vel laoreet ac, dictum vitae odio. Donec aliquet. Lorem ipsum dolor sit amet, consectetur adipiscing elit. N

Unlock full access to Course Hero

Explore over 16 million step-by-step answers from our library

Subscribe to view answer
Step-by-step explanation

cing elit. Nam lacinia pulvinar tortor nec facilis

gue

gue

consectetu

19027343
19027352

ultrices a

19027576
19027853

ipsum dolor

19027845
19027835

ipsum dolor

19028024
19028032

itur laoree

19028166

itur laoree

19028311

ipiscing el

19028473
19028475

congue ve

gue

19028685
19028851

gue

gue

ipsum dolo
, ultrices ac magna. Fus
tesque dapi
gue

14 Attachments
image.png
png
image.png
png
image.png
png
image.png
png
image.png
png
image.png
png
image.png
png
image.png
png
image.png
png
image.png
png
image.png
png
image.png
png
image.png
png
image.png
png
Student review
100% (1 rating)
Thorough explanation
Easy to follow

"Thank you"