Choose the correct letter of answer At a price of P12 the estimated monthly sales of a product is 10,000 units. Variable costs are P7 per unit. Fixed costs are P24,000 per month. Determine the unit contribution margin. a. P12 b. P5 c. P7 d. P24,000

Choose the correct letter of answer At a price of P12 the estimated monthly sales of a product is 10,000 units. Variable costs are P7 per unit. Fixed costs are P24,000 per month. Determine the unit contribution margin. a. P12 b. P5 c. P7 d. P24,000

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Question

Choose the correct letter of answer

At a price of P12 the estimated monthly sales of a product is 10,000 units. Variable costs are P7 per unit. Fixed costs are P24,000 per month. Determine the unit contribution margin.
a. P12
b. P5
c. P7
d. P24,000

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