MANAGERIAL ACCOUNTING PJS Seating Company, a manufacturer of chair, had the following data for 2020.Sales2,400 unitsSales pricePhp 40 per unitVariable costsPhp 15 per unitFixed costsPhp 19,500What 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 willChoose...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 DEFCompany.ABC Company.DEF Company.Php 600,000320,000Sales revenuePhp 600,000Variable cost120,000Contribution margin280,000480,000Fixed cost180,000380,000Net incomePhp 100,000Php 100,000assuming 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...

Solution:-1 Calculation of margin of safety in Peso as follows:- First we need to calculate…

PJS Seating Company, a manufacturer of chair, had the following data for 2020. Sales 2,400 units Php 40 per unit Sales price 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..

PJS Seating Company, a manufacturer of chair, had the following data for 2020. Sales 2,400 units Php 40 per unit Sales price 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..

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

See similar textbooks

Similar questions

Understand how management accountants help firms make strategic decisions
Describe the planning function of managerial accounting.
What skills does a management accountant need to develop strategy?
What role do management accountants play in assisting with strategic decisions?
OVERNIGHT AUTO SERVICE Statment of Cash Flows. For the Month Ended November 30-11-2020 Cash flows from operating activities: Cash received from revenue transactions $ 2,000 (1,400) Cash paid for expenses Net cash provided by operating activities Cash flows from investing activities: $800 $(52,000) (6,000) (6,800) 600 Purchase of Land Purchase of building Payment for the purchase of tools Collection for sale of tools Net cash provided by operating activities Cash flows from financing activities: Investment by owner (64,200) 80,000 $16,600 400 $16,999 Increase in cash for the month Cash balance, Nov 1, 2020 Cash balance, Nov 30, 2020 Page 1 of 2 Instructions: Answer the following. i. Highlight all the mistakes if any in the above cash flows statement. ii. Did investing activities cause the company's cash to increase or decrease? Why is it so? Why net cash balance from investing activities is mostly negative? Which GAAP principle is clearly reflecting from above statement? Explain that…