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16. Gross profit per unit is a. P11.00 b. P 15.00 c. P 16.00 d. P 24.00 17. Operating income is a. P 24,000 b. P 110,000 c. P 74,000 d. P110,000

16. Gross profit per unit is a. P11.00 b. P 15.00 c. P 16.00 d. P 24.00 17. Operating income is a. P 24,000 b. P 110,000 c. P 74,000 d. P110,000

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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16. Gross profit per unit is a. P11.00 b. P 15.00 c. P 16.00 d. P 24.00 17. Operating income is a. P 24,000 b. P 110,000 c. P 74,000 d. P110,000
Transcribed Image Text:16. Gross profit per unit is a. P11.00 b. P 15.00 c. P 16.00 d. P 24.00 17. Operating income is a. P 24,000 b. P 110,000 c. P 74,000 d. P110,000
50 Last year. Abner Company incurred the following costs P 50,000 20,000 130,000 40,000 36,000 Units produced and sold 10,000 units at a price P31 each Direct materials Direct labor Factory overhend Selling expense Administrative expense unit is G. P 5.00
Transcribed Image Text:50 Last year. Abner Company incurred the following costs P 50,000 20,000 130,000 40,000 36,000 Units produced and sold 10,000 units at a price P31 each Direct materials Direct labor Factory overhend Selling expense Administrative expense unit is G. P 5.00
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