compute for the following items:d. Contribution margin ratioe. Breakeven point in pesosf. Breakeven point in unit sales C. $1,060,000.D. $1,080,000.PROBLEM 4The following is Unknown Corporation's contribution format income statement for last month:SalesP 2,000,000Variable Costs1400.000Contribution Margin600,000Fixed Costs360,000Profit240,000The company has no beginning or ending inventories. A total of 40,000 units were producedand sold last month.

Contribution margin ratio is the ratio of the contribution margin to sales revenue Breakeven point…

Answered: cion's contribution format income…

Business

Accounting

cion's contribution format income statement for last P 2,000,000 ble Costs 1400.000 ribution Margin 600,000 160.00

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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Concept explainers

Pricing

Pricing is used as a term in finance and economics, pricing is the process of fixing a value for a product or a service. Pricing establishes a value for a product or service that the customer has to pay. A business can choose from different strategies while deciding to set prices.

Question

compute for the following items: d. Contribution margin ratio e. Breakeven point in pesos f. Breakeven point in unit sales

C. $1,060,000.
D. $1,080,000.
PROBLEM 4
The following is Unknown Corporation's contribution format income statement for last month:
Sales
P 2,000,000
Variable Costs
1400.000
Contribution Margin
600,000
Fixed Costs
360,000
Profit
240,000
The company has no beginning or ending inventories. A total of 40,000 units were produced
and sold last month.

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