2. Vincent is leasing 100 units of market space in zamboanga city. He computed his fixed costscat P320,000 monthly. He is leasing each space at P14,000 monthly. He spends aroundvP2,950 per rented space monthly for the maintenance. How many spaces must be rented monthly to breakeven? If vincent is targeting a minimum monthly profit of P500,000, how many spaces must be leased?
2. Vincent is leasing 100 units of market space in zamboanga city. He computed his fixed costscat P320,000 monthly. He is leasing each space at P14,000 monthly. He spends aroundvP2,950 per rented space monthly for the maintenance. How many spaces must be rented monthly to breakeven? If vincent is targeting a minimum monthly profit of P500,000, how many spaces must be leased?
3. Jane manufactures soft leathers. She spends around P315 per square foot of leather produced and sells it at P300 per square foot. Also, she knows that her fixed costs amount to P1,400,000. What is the minimum number of square feet sold to be able to breakeven? If she only sold 6,000 square feet of leather, did she earn profit? If yes, how much? If no, how much money did she lose?
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