123 INC. is planning to market 300,000 units of Product X. The fixed costs are P600,000 and the variable costs are 60% of the selling price. Question: Compute the selling price per unit if the company expects to earn a profit of P120,000 on its planned sales.

123 INC. is planning to market 300,000 units of Product X. The fixed costs are P600,000 and the variable costs are 60% of the selling price. Question: Compute the selling price per unit if the company expects to earn a profit of P120,000 on its planned sales.

EBK CONTEMPORARY FINANCIAL MANAGEMENT

14th Edition

ISBN:9781337514835

Author:MOYER

Publisher:MOYER

Chapter14: Capital Structure Management In Practice

Section14.A: Breakeven Analysis

Problem 7P

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