FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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MANAGERIAL ACCOUNTING

PJS Seating Company, a manufacturer of chair, had the following data for 2020.
Sales
2,400 units
Sales price
Php 40 per unit
Variable costs
Php 15 per unit
Fixed costs
Php 19,500
What is the margin of safety in peso value?
Choose...
If the company wishes to increase its total peso value contribution margin by 40% in 2021, by how much will
Choose...
it need to increase its sales if all other factors remain constant?
What is the margin of safety in units?
Choose...
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Transcribed Image Text:PJS Seating Company, a manufacturer of chair, had the following data for 2020. Sales 2,400 units Sales price Php 40 per unit Variable costs Php 15 per unit Fixed costs Php 19,500 What is the margin of safety in peso value? Choose... If the company wishes to increase its total peso value contribution margin by 40% in 2021, by how much will Choose... it need to increase its sales if all other factors remain constant? What is the margin of safety in units? Choose...
The CVP income statement shown below are available for ABC Company and DEF
Company.
ABC Company.
DEF Company.
Php 600,000
320,000
Sales revenue
Php 600,000
Variable cost
120,000
Contribution margin
280,000
480,000
Fixed cost
180,000
380,000
Net income
Php 100,000
Php 100,000
assuming that sales revenue is increases by 10 percent, find out the net income of ABC Company.
Choose..
Assuming that sales revenue is increases by 10 percent, calculate the net income of DEF Company,
Choose...
expand button
Transcribed Image Text:The CVP income statement shown below are available for ABC Company and DEF Company. ABC Company. DEF Company. Php 600,000 320,000 Sales revenue Php 600,000 Variable cost 120,000 Contribution margin 280,000 480,000 Fixed cost 180,000 380,000 Net income Php 100,000 Php 100,000 assuming that sales revenue is increases by 10 percent, find out the net income of ABC Company. Choose.. Assuming that sales revenue is increases by 10 percent, calculate the net income of DEF Company, Choose...
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