Answer only the 44-45 ITEMS 41 to 45 ARE BASED ON THE FOLLOWING INFORMATION:Basic Illustration Corp. Produces and sells a single product. The selling price is P25 and the variable cists is P15 perunit. The corporation's fixed costs is P100,000 per month. Average monthly sales is 11,000 units.41. The corporation's contribution margin per unit and as percent of sales isa P10 per unit; 40%b. P40 per unit; 160%c. 10 units, 40%d. P10 per unit,80%42. The corporation's break-even point pesosa. P10,000.b. 250,000 unitsc. 10,000 or P250 200.d. 250,000 units or P10,00043. If the corporation desires to earn profit of P20,000 bere tax, it must generate sales ofa. 12,000300,000 unitsc. 10,000 units or 250,000d. 12,000 units or P300,00044. If the corporation based corporate income tax at the rate of 30% and it desires to earn after tax profit ofP21,000, It must generate sales ofa. P325,000 or 13,000 unitsb. P13,000 or 325,000 unitsc. 12,040 units or P301,000d. 16,375 units or P409,37545. How much sales (in pesos) must be generated their own profit that is 8% of such sales?a. P270,000b. P312,500c. P208,333.33d. P230,000

Given information: No of units 11,000 Selling price per unit 25…

Answered: Answer only the 44-45

Business

Accounting

Answer only the 44-45

Managerial Accounting: The Cornerstone of Business Decision-Making

7th Edition

ISBN:9781337115773

Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Chapter7: Cost-volume-profit Analysis

Section: Chapter Questions

Problem 46E: Lotts Company produces and sells one product. The selling price is 10, and the unit variable cost is...

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Question

Answer only the 44-45

ITEMS 41 to 45 ARE BASED ON THE FOLLOWING INFORMATION:
Basic Illustration Corp. Produces and sells a single product. The selling price is P25 and the variable cists is P15 per
unit. The corporation's fixed costs is P100,000 per month. Average monthly sales is 11,000 units.
41. The corporation's contribution margin per unit and as percent of sales is
a P10 per unit; 40%
b. P40 per unit; 160%
c. 10 units, 40%
d. P10 per unit,80%
42. The corporation's break-even point pesos
a. P10,000.
b. 250,000 units
c. 10,000 or P250 200.
d. 250,000 units or P10,000
43. If the corporation desires to earn profit of P20,000 bere tax, it must generate sales of
a. 12,000
300,000 units
c. 10,000 units or 250,000
d. 12,000 units or P300,000
44. If the corporation based corporate income tax at the rate of 30% and it desires to earn after tax profit of
P21,000, It must generate sales of
a. P325,000 or 13,000 units
b. P13,000 or 325,000 units
c. 12,040 units or P301,000
d. 16,375 units or P409,375
45. How much sales (in pesos) must be generated their own profit that is 8% of such sales?
a. P270,000
b. P312,500
c. P208,333.33
d. P230,000

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