With a tax rate of 25%, fixed costs of P34,000, and a contribution ratio of 45%, how much revenue is required to achieve a desired after-tax profit of P36,000?   a.P111,111   b.P182,222   c.P149,091   d.P 83,636

Principles of Cost Accounting
17th Edition
ISBN:9781305087408
Author:Edward J. Vanderbeck, Maria R. Mitchell
Publisher:Edward J. Vanderbeck, Maria R. Mitchell
Chapter10: Cost Analysis For Management Decision Making
Section: Chapter Questions
Problem 13E
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. With a tax rate of 25%, fixed costs of P34,000, and a contribution ratio of 45%, how much revenue is required to achieve a desired after-tax profit of P36,000?
 
a.P111,111

 
b.P182,222

 
c.P149,091

 
d.P 83,636

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