Kent Companys operating percentages were as follows: Revenues 100% Cost of goods sold Variable 50%...
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Kent Companys operating percentages were as follows:
Revenues 100% Cost of goods sold Variable 50% Fixed 10% 60% Gross profit 40% Other operating expenses Variable 20% Fixed 15% 35% Operating income 5%
==== Kents sales totaled P2 million. At what revenue level would Kent break even?
Kent Companys operating percentages were as follows:
Revenues 100% Cost of goods sold Variable 50% Fixed 10% 60% Gross profit 40% Other operating expenses Variable 20% Fixed 15% 35% Operating income 5%
==== Kents sales totaled P2 million. At what revenue level would Kent break even?
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