Problems: Give the solution and answer
Extracted text: Total annual cost Percent Variable d. 75, Total annual cost P 300,000 250,000 250,000 150,000 100% 100 Direct materials 50 Direct labor Manufacturing overhead Selling and administrative 30 10.What selling price will result in a 40% contribution margin a. Р33.25 b. P39.58 с. Р52.78 d, P60.00 11. What selling price will yield a projected income of P50,000? a. Р35.20 b. P36.94 c. P41.80 d. P42.25 Happy Face Company has fixed cost of P500,000 per year, variable.cost of P30 per unit, and a selling price of P50 per unit. 12. At a production level of 30,000 units, how much is the operating income? a. P 50,000 b. P 100,000 c. P 150,000 d. P 200,000 13. The break-even sales in units a. 10,000 uits b. 25,000 units c. 27,500 units d. 30,000 units
Extracted text: 14. The number of units the company must sell to earn an income of P100,000? a. 10,000 units b. 25,000 units c. 27,500 units d. 30,000 units