Show the solution in good accounting form 17. The owners would like to know what reasons caused the current performance of the company and ask youropinion. Through review of the complete records you were able to obtain this additional information: (1) Theselling price for every unit is P7.20 during 2018 and; (2) The marketing department did a tremendous job andwas able to increase sales units by 20% during 2019. The percentage increase (decrease) in sales price is:A. (2.125%B. 1.25%C. (1.25%)D. 2.125%18. The owners would like to know what reasons caused the current performance of the company and ask youropinion. Through review of the complete records you were able to obtain this additional information: (1) Theselling price for every unit is P7.20 during 2018 and; (2) The marketing department did a tremendous job andwas able to increase sales units by 20% during 2019. The percentage increase (decrease) in unit cost is:A. 20%B. (20%)C. 44%D. (44%)19. The following data for the years ended December 31, 2019 and 2020 were presented to the managementZigzag Company: 2020 = Net sales: 1,363,000, Cost of Sales: 911,800, Gross Profit: 451,200; 2019 = Net Sales:1,250,000, Cost of Sales: 776,000, Gross Profit: 474,000. The management requested you to determine thecause of the decline in gross profit on sales in spite of the favorable information given by the sales division thatthe quantity sold in 2020 was higher than in 2019 and that the production costs in 2020 were lower than thatof 2019 by 6%. The percent change in volume is:A. 17.50%B. 14.00%C. 25.00%D. 20.00%20. (Based on information given above) The increase (decrease) in net sales due to volume factor is:A. (P194,000)B. P194,000С. (Р312.,500)D. P312,50021. (Based on information given above) The increase (decrease) in net sales due to price factor is:A. (PI13,000)В. Р113,000C. (P199,500)D. P199,50022. (Based on information given above) The increase (decrease) in net sales due to cost factor is:A. (P135,800)B. P135,800C. (P58,200)D. P58,200

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Description: Show the solution in good accounting form 17. The owners would like to know what reasons caused the current performance of the company and ask youropinion. Through review of the complete records you were able to obtain this additional information: (1

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17. The owners would like to know what reasons caused the current performance of the company and ask your opinion. Through review of the complete records you were able to obtain this additional information: (1) The selling price for every unit is P7.20 during 2018 and; (2) The marketing department did a tremendous job and was able to increase sales units by 20% during 2019. The percentage increase (decrease) in sales price is: A. (2.125% B. 1.25% C. (1.25%) D. 2.125%

17. The owners would like to know what reasons caused the current performance of the company and ask your opinion. Through review of the complete records you were able to obtain this additional information: (1) The selling price for every unit is P7.20 during 2018 and; (2) The marketing department did a tremendous job and was able to increase sales units by 20% during 2019. The percentage increase (decrease) in sales price is: A. (2.125% B. 1.25% C. (1.25%) D. 2.125%

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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