2021 2020 Sales P2,080,000 P2,000,000 Cost of sales 1,755,000 1,500,000 Gross margin 325,000 500,000 Unit selling price decreased 20% at the start of 2019. The change in gross profit due to the...

























    2021



2020



Sales



P2,080,000



P2,000,000



Cost of sales



  1,755,000



  1,500,000



Gross margin



325,000



500,000




Unit selling price decreased 20% at the start of 2019.



The change in gross profit due to the decrease in selling price is:



P520,000 increase



P80,000 increase



P520,00 decrease



P80,000 decrease



P600,000 decrease



P600,000 increase



Jun 10, 2022
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