Assuming NUBD incorporate these changes in its 2021 forecast, what should be the net income after tax from product Excellence? NUBD Company prepared the following preliminary forecast concerning productExcellence for 2021 assuming no expenditure for advertising:Selling price per unitUnit salesТаx rateP 10 Variable costs100,000 Fixed costs25%P 600,000300,000Based on a market study in December, 2020, NUBD estimated that it could increasethe unit selling price by 15% and increase the unit sales by 10% if P100,000 werespent on advertising.

The income statement is prepared to find net income or losses incurred during the period.

Answered: NUBD Company prepared the following…

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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