urgent need answer and solution

Grou Profit Variation Analysis and Forming: Per Share Driermination 245 11 Multiple Choice The following gross margin data were taken from the income statements of a retailing firm X & V. Inc. for he periods Perrad A Saka revenue P 150/060 PHI, Ho Cont of sakes.. Gross margin P 90,006 P 50.730 If sales vohime declined by 10 on Parked h the percentage of change in selling price is 10% increase. b. 5.5% increase. d 3% decrease Jams 2 and 3 are based on the following dour MAUS Sales P108,010 Cost of sales Gross profit.. P 32.500 P 50,000 Unit selling price ducroasod by 20% in 200% 2. The act change in gross profit in 2006 due to quantity factor is P60,600 increase b. P15,000 increase. P40,000 decrease P 8,000 increase The change in gross profit due to the decrease in killing pecs is F 1,000 increase P60,000 decrea P52,000 decre P52,000 increase 266 Chapter 7 The the following information for questions f through a Data for X Company follow Product A 2006 Units sold 10,000 20,000 10,000 15,000 Unit selling price PIO P15 PIS PIO Unit cost P 5 P 750 The increase (decrease) in gross profit in 2006 is P70,000. b. P180,DOD PE1 10,000). d PI10,000. The sales price factor is P25,900 favorable. P25,0Ou unfavorable P200,000 favorable P200,900 unfavorable The cost factor is P25,000 unfavorable h P25,000 favorable P90,090 unfavorable P90,000 favorable 7. The increase (decrease) in gross profit due to change in everall quantity sold is a. P(52,500) h P52,500 P90,000 d The sales mix factor is P35,000 unfavorable P 7.500 favorable P 7.500 unfavorable P35,090 favorable Gross Profit Variation Analysts and Earnings Per Shore Determindion 267 9. At December 31, 2005, the Monica Company had 50,000 ordinary shares issued and outstanding. On April 1, 2006, an additional 10.010 ordinary shares were issued. Monica's net income for the year ended December 31, 2006, was P172 500. During 2006, Monica declared and paid P100,000 cash dividends on its convertible preference shares The earnings per share, rounded to the nearest cretave. for the year ended December 31, 2006 should be a. Pl.26. PI.32. P3,00, d. P3.14