Essentials Of Investments
11th Edition
ISBN: 9781260013924
Author: Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher: Mcgraw-hill Education,
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The firm provided the following data for the year: Selling price per unit- ₱40; Variable production cost per unit- ₱15; Fixed production cost- ₱100,000; Sales commission per unit- ₱5.00; Fixed Selling and administrative expenses- ₱60,000. The firm has an outstanding loan of ₱200,000 with an interest rate of 5% per annum. The breakeven point (in peso) would be?
a. ₱300,000
b. ₱340,000
c. ₱272,000
d. ₱256,000
e. ₱320,000
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