USING THESE PROBLEM:

LILA Corporation generated these gross profits during the past recent ears when the sales price was 10% lower during 2020 compared to 2019. 2020 Sales P1,944,000; 2020 Cost of Sales P1,152,000; 2019 Sales P1,900,800; 2019 Cost of Sales P1,113,600.

a. The decrease in gross profit due to decrease in selling price must be?

P216,000

P194,400

P172,800

P189,600

b. The increase (decrease) in quantity sold must be?

13.33%

12.00%

13.64%

(7.95%)

c. The sales volume variance must be?

P259,200 UF

P259,200 F

P216,000 F

P151,200U F

d. The change in gross profit due to change in cost price must be?

P95,232 F

P113,495 UF

P151,896 UF

P151,896 F

P113,495 F

e. The change in gross profit due to change in quantity sold must be?

P151,896 UF

P259,200 F

P107,304 UF

P107,304 F

PLEASE PROVIDE EACH SOLUTION IN EVERY LETTER SO THAT I CAN UNDERSTAND