Hello! I need solutions for these problems. Correct answers are already provided however the solutions on how the answer was derived is needed. Subject: Strategic business analysis Subject code: ACCTG 202 University: University of San Carlos Category: Managerial accounting

Liteblock Inc., had the following costs for the month of October: - Monthly lease on L300 Van: P13,000 - Warehouse Rent: P30,500 per month - Operations supervisor's monthly salary: P33,500 - Annual Property Insurance: P48,000 - Perimeter security expenses: P4,000 per month - YouTube Advertising every month: P15,000 In November, the entity saw a rise of P45,000 in its net income probably since sales increased by fifteen percent from last month's P400,000. The optimistic sales managers unanimously forecasted that December would be a strong month for the construction firm. Budgeting sales to be at 150% of October's figures while keeping costs within its usual level to prevent additional capital investments. 13. The optimistic manager's forecasted profit for December is? 14. What is the contribution margin ratio? 15. What is the breakeven point in units? Problem 3: 13. P350,000 14. 75% 15. Cannot be determined