The Mandaue Furniture produces tables. The fixed monthly cost of production is P8,000, and the variable cost per table is P65. The tables sell for P180 per piece. a. For a monthly volume of 300 tables, determine the total cost, total revenue, and profit. b. Determine the monthly break-even volume for the Mandaue Furniture.

Principles of Accounting Volume 2
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Chapter3: Cost-volume-profit Analysis
Section: Chapter Questions
Problem 6EB: Kerr Manufacturing sells a single product with a selling price of $600 with variable costs per unit...
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1.
The Mandaue Furniture produces tables. The fixed monthly cost of production is
$8,000, and the variable cost per table is 65. The tables sell for 180 per piece.
a. For a monthly volume of 300 tables, determine the total cost, total revenue, and profit.
b. Determine the monthly break-even volume for the Mandaue Furniture.
Transcribed Image Text:1. The Mandaue Furniture produces tables. The fixed monthly cost of production is $8,000, and the variable cost per table is 65. The tables sell for 180 per piece. a. For a monthly volume of 300 tables, determine the total cost, total revenue, and profit. b. Determine the monthly break-even volume for the Mandaue Furniture.
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