question archive For questions 12 to 15 A Donn Henley sells an antique figurine at P20,000
For questions 12 to 15 A Donn Henley sells an antique figurine at P20,000
Subject:AccountingPrice: Bought3
For questions 12 to 15
A Donn Henley sells an antique figurine at P20,000.00. The fixed cost is P6,000.00 and the variable cost is P8,000.00 per item.
12. At what level of production will the business owner will have a profit of P12,000.00?
a. 1.5
b. 5.5
c. 3.4
d. 3.45
13. How many antique figurines will be break-even?
a. 14
b. 0.5
c. 10.5
d. 1.5
14. At what level of production the business will incur a loss of P22,000.00?
a. 1
b. 2
c. 3
d. 4
15. Find the breakeven point.
a. (0.5, 22,00)
b. (1.4, 20,000)
c. (1.5, 25,000)
d. (0.5, 10,000)
