DEF Company earned ₱50,000 on sales of ₱800,000. It earned ₱110,000 on sales of ₱1,000,000. Compute the total fixed costs.
Added by Nicolas D.
Step 1
To find the total fixed costs, we can use the formula: Total Fixed Costs = Total Sales - Total Variable Costs - Total Profit For the first scenario, we have: Total Sales = ₱800,000 Total Variable Costs = ₱800,000 - ₱50,000 = ₱750,000 Total Profit = Show more…
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