Magika Enterprises has prepared the following budget for the month of November: Selling Price Variable Cost   per unit per unit Unit Sales Product A ₱ 10 ₱ 4 15,000 Product B ₱ 15 ₱ 8 20,000 Product C ₱ 18 ₱ 8   5,000 If the Fixed Costs amount to ₱150,000, the break-even point in SALES amount to ₱________________.   For uniformity of answers, for interim calculations, use 5 decimal places and round-off the final answer to a whole number.

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
icon
Related questions
Question

Magika Enterprises has prepared the following budget for the month of November:



Selling Price

Variable Cost

 

per unit

per unit

Unit Sales

Product A

₱ 10

₱ 4

15,000

Product B

₱ 15

₱ 8

20,000

Product C

₱ 18

₱ 8

  5,000

If the Fixed Costs amount to ₱150,000, the break-even point in SALES amount to ₱________________.  

For uniformity of answers, for interim calculations, use 5 decimal places and round-off the final answer to a whole number.

 

Expert Solution
steps

Step by step

Solved in 2 steps

Blurred answer
Knowledge Booster
Risk Analysis
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, accounting and related others by exploring similar questions and additional content below.
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
Accounting
ISBN:
9781259964947
Author:
Libby
Publisher:
MCG
Accounting
Accounting
Accounting
ISBN:
9781337272094
Author:
WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:
Cengage Learning,
Accounting Information Systems
Accounting Information Systems
Accounting
ISBN:
9781337619202
Author:
Hall, James A.
Publisher:
Cengage Learning,
Horngren's Cost Accounting: A Managerial Emphasis…
Horngren's Cost Accounting: A Managerial Emphasis…
Accounting
ISBN:
9780134475585
Author:
Srikant M. Datar, Madhav V. Rajan
Publisher:
PEARSON
Intermediate Accounting
Intermediate Accounting
Accounting
ISBN:
9781259722660
Author:
J. David Spiceland, Mark W. Nelson, Wayne M Thomas
Publisher:
McGraw-Hill Education
Financial and Managerial Accounting
Financial and Managerial Accounting
Accounting
ISBN:
9781259726705
Author:
John J Wild, Ken W. Shaw, Barbara Chiappetta Fundamental Accounting Principles
Publisher:
McGraw-Hill Education