Given below are part of the recent income statement of Golden Corporation reported this year: Sales revenue P 10,000,000 Variable costs 6,000,000 Fixed costs 3,200,000 If these data are based on the sale of 10,000 units, the contribution margin per unit would be:

Given below are part of the recent income statement of Golden Corporation reported this year: Sales revenue P 10,000,000 Variable costs 6,000,000 Fixed costs 3,200,000 If these data are based on the sale of 10,000 units, the contribution margin per unit would be:

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

Given below are part of the recent income statement of Golden Corporation reported this year:

Sales revenue P 10,000,000

Variable costs 6,000,000

Fixed costs 3,200,000

If these data are based on the sale of 10,000 units, the contribution margin per unit would be:

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