Question: Please provide full solutions with explanation thank you! 1. Gregory Company is planning to market a new product. The company estimates that it can sell

Please provide full solutions with explanation thank you!

Please provide full solutions with explanation thank you! 1. Gregory Company isplanning to market a new product. The company estimates that it cansell 9,000 units for the first year of operation. Unit selling price

1. Gregory Company is planning to market a new product. The company estimates that it can sell 9,000 units for the first year of operation. Unit selling price is P 50 with variable cost estimated as 60% of the sales price. Estimated total fixed cost is P 40,000. Required: Compute a. break-even point in pesos b. Break-even point in units a. b.3. The total sales for 2015 was P 3,260,000. The total variable costs was P 1.304,000 while the total fixed costs was P 1,200,000. Required: Compute a. Contribution margin b. Contribution margin ratio c. Break-even point in pesos a. b. C.12. A firm had fixed costs of P 200,000 and variable cost per unit of P 6. It plans to sell 40,000 units in the coming year. What sales price must the firm use to obtain a pretax profit of P 60,000

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