Problem 2. Billy Company determines its sales price and costs structure as follows: P 400 Unit sales price Unit variable cost 240 Total fixed cost 800,000 How much is sales if profit is expressed as:...

Kindly, answer e to k.


Extracted text: Problem 2. Billy Company determines its sales price and costs structure as follows: P 400 Unit sales price Unit variable cost 240 Total fixed cost 800,000 How much is sales if profit is expressed as: e. Profit before tax of P400,000 f. Profit after tax of P480,000, tax rate is 40% g. Profit is 20% of sales, before tax h. Profit is P25 per unit, before tax i. Profit is 20% of sales, after tax of 40% j. Profit is 20% of CMR, before tax k. Profit is 20% of CMR, after tax