1.Carribean Company produces a product that sells for P60. The variable manufacturing costs are P30 per unit....
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Question:
1.Carribean Company produces a product that sells for P60. The variable manufacturing costs are P30 per unit. The fixed manufacturing cost is P10 per unit based on the current level of activity, and fixed selling and administrative costs are P8 per unit. A selling commission of 10% of the selling price is paid on each unit sold. The contribution margin per unit i
2.Food Factory, Inc. sells loose biscuits for P5 per unit. The fixed costs are P210,000 and the variable costs are 45% of the selling price. What would be the amount of sales if Food Factory, Inc. were to realize a profit of 15% of sales?
Expert Answer:
1 To calculate the contribution margin per unit for the Carribean Company we need to subtract the va... View the full answer
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