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Wilson Company has three stores: A, B, and C. During January, the variable expenses in Store A were P150,000 and the contribution margin ratio was 25%. Store B had a contribution margin of P30,000 and a contribution margin ratio of 20%. Store C had a variable expense of P90,000 and a variable expense ratio of 60% of sales. For January, Wilson Company's sales were: A. P455,000 B. P500,000 C. P555,000

Wilson Company has three stores: A, B, and C. During January, the variable expenses in Store A were P150,000 and the contribution margin ratio was 25%. Store B had a contribution margin of P30,000 and a contribution margin ratio of 20%. Store C had a variable expense of P90,000 and a variable expense ratio of 60% of sales. For January, Wilson Company's sales were: A. P455,000 B. P500,000 C. P555,000

Managerial Accounting: The Cornerstone of Business Decision-Making
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
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Wilson Company has three stores: A, B, and C. During January, the variable expenses in Store A were P150,000 and the contribution margin ratio was 25%. Store B had a contribution margin of P30,000 and a contribution margin ratio of 20%. Store C had a variable expense of P90,000 and a variable expense ratio of 60% of sales. For January, Wilson Company's sales were: A. P455,000 B. P500,000 C. P555,000 D. P485,000
Transcribed Image Text:Wilson Company has three stores: A, B, and C. During January, the variable expenses in Store A were P150,000 and the contribution margin ratio was 25%. Store B had a contribution margin of P30,000 and a contribution margin ratio of 20%. Store C had a variable expense of P90,000 and a variable expense ratio of 60% of sales. For January, Wilson Company's sales were: A. P455,000 B. P500,000 C. P555,000 D. P485,000
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