Based on the cost and revenue structure on the income statement, what was NUBD's break- even point in pesos? *

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Based on the cost and revenue structure on the income statement, what was NUBD's break-
even point in pesos?
*
Transcribed Image Text:Based on the cost and revenue structure on the income statement, what was NUBD's break- even point in pesos? *
Belowis an income statem ent for NUBD Company:
P400,000
(120,000)
Sales
Variable costs
Contribution margin P280,000
Fixed costs
Profit before taxes P 80,000
Income tax
Net income
(200.000)
(20,000)
P 60.000
Transcribed Image Text:Belowis an income statem ent for NUBD Company: P400,000 (120,000) Sales Variable costs Contribution margin P280,000 Fixed costs Profit before taxes P 80,000 Income tax Net income (200.000) (20,000) P 60.000
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