Based on the following: Profit margin before tax based on sales 8% Margin of safety ratio 20%

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Based on the following: Profit margin before tax based on sales 8% Margin of safety ratio 20% Fixed costs P1 200 000 Variable cost of goods sold 25%,

what is the amount of sales?

what is the variable selling and administrative expense?

Related Book For answer-question

Horngrens Financial and Managerial Accounting

ISBN: 978-0133866292

5th edition

Authors: Tracie L. Nobles, Brenda L. Mattison, Ella Mae Matsumura

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Posted Date: Mar 29, 2023 01:44 AM

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Based on the following: Profit margin before tax based on sales 8% Margin of safety ratio 20%

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Horngrens Financial and Managerial Accounting

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