A product sells for ₱80 per unit and has a contribution margin of ₱35 per unit. Monthly fixed expenses total ₱50,000. The firm obtained a loan amounting to ₱50,000 with an interest rate of 12% per annum. The firm desires a profit after tax of ₱75,000 for the month. Tax rate is 25%. How many units must be sold for the month? a. 3,572 b. 4,300 c. 4,458 d. 5,000 e. 2,189
A product sells for ₱80 per unit and has a contribution margin of ₱35 per unit. Monthly fixed expenses total ₱50,000. The firm obtained a loan amounting to ₱50,000 with an interest rate of 12% per annum. The firm desires a profit after tax of ₱75,000 for the month. Tax rate is 25%. How many units must be sold for the month? a. 3,572 b. 4,300 c. 4,458 d. 5,000 e. 2,189
Chapter3: Cost-volume-profit Analysis
Section: Chapter Questions
Problem 5EA: Maple Enterprises sells a single product with a selling price of $75 and variable costs per unit of...
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A product sells for ₱80 per unit and has a contribution margin of ₱35 per unit. Monthly fixed expenses total ₱50,000. The firm obtained a loan amounting to ₱50,000 with an interest rate of 12% per annum. The firm desires a profit after tax of ₱75,000 for the month. Tax rate is 25%. How many units must be sold for the month?
a. 3,572
b. 4,300
c. 4,458
d. 5,000
e. 2,189
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