1.During the current year, the net sales of ABC Company, were 10% below last year's level. You...
Question:
1.During the current year, the net sales of ABC Company, were 10% below last year's level. You should expect ABC's semi-variable costs to?
2.Hannah Company sells a single product at a sales price of P50 per unit. Fixed cost total P15,000 per month and variable costs amounts to P20 per unit. If management reduces the sales price of this product by P5 per unit, the sales volume needed to break-even will? (state if it "increases by" or "remain unchanged" with amount/cost)
3.How to calculate the break even point in units?
4.The amount is sales needed to attain a desired profit is calculated by dividing the CM ratio into?
5.At the break-even point, fixed cost is always? (Less than/More than/ Equal to contribution margin or More than the variable cost?
6.A change in break-even point?
Accounting What the Numbers Mean
ISBN: 978-1260565492
12th edition
Authors: David Marshall, Wayne McManus, Daniel Viele