61 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 net change in gross profit in 2021...


61




























     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 net change in gross profit in 2021 due to quantity factor is:


Group of answer choices


P600,000 increase


P150,000 increase


P400,000 increase


P80,000 increase



Jun 10, 2022
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