Multiple Choice

Answer the following questions.

* The Tanker Company estimated the following data for the coming year:

Fixed manufacturing costs P565, 000.00

Variable costs per peso sales:

Materials P 0.125 Variable Overhead 0.075

Direct Labor 0.150 Variable Selling Costs 0.150

Tanker estimates its sales for the coming year to be P2, 000, 000.00

The expected cost of goods sold for coming year is?

* The Hard Company sells widgets. The company breaks even at an annual sales volume of 80,000 units. At an annual sales of 100,000 units the company reports a profit of P220, 000. The annual fixed costs for the Hard Company are?

Answer the following questions.

* The Tanker Company estimated the following data for the coming year:

Fixed manufacturing costs P565, 000.00

Variable costs per peso sales:

Materials P 0.125 Variable Overhead 0.075

Direct Labor 0.150 Variable Selling Costs 0.150

Tanker estimates its sales for the coming year to be P2, 000, 000.00

The expected cost of goods sold for coming year is?

* The Hard Company sells widgets. The company breaks even at an annual sales volume of 80,000 units. At an annual sales of 100,000 units the company reports a profit of P220, 000. The annual fixed costs for the Hard Company are?

Answer the following questions.

* The Tanker Company estimated the following data for the coming year:

Fixed manufacturing costs P565, 000.00

Variable costs per peso sales:

Materials P 0.125 Variable Overhead 0.075

Direct Labor 0.150 Variable Selling Costs 0.150

Tanker estimates its sales for the coming year to be P2, 000, 000.00

The expected cost of goods sold for coming year is?

* The Hard Company sells widgets. The company breaks even at an annual sales volume of 80,000 units. At an annual sales of 100,000 units the company reports a profit of P220, 000. The annual fixed costs for...