Imagine you have a business, you are selling a one of a kind gadget, the cost you incurred for the materials is 2,000 and you wanted to sell it at P3,000. However, you are paying a rent of P20,000 for your business operation. How many units do you think you need to sell in order not to incur losses or able to earn. What will you do to achieve a profit?

Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter3: Cost-volume-profit Analysis
Section: Chapter Questions
Problem 8EB: Shonda & Shonda is a company that does land surveys and engineering consulting. They have an...
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Imagine you have a business, you are selling a one of a kind gadget, the cost you incurred for the materials is 2,000 and you wanted to sell it at P3,000. However, you are paying a rent of P20,000 for your business operation. How many units do you think you need to sell in order not to incur losses or able to earn. What will you do to achieve a profit?

 

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