43. MBA Inc. which began business at the start of the current year, had the following data: Planned and actual production Sales (at P15 per unit) 40,000 units 37,000 units Variable P4 per unit Production costs Selling and administrative costs P1 per unit Fixed P260,000 P32,000 How much is the contribution margin to be disclosed in an absorption-costing income statement? A. PO B. P147,000 C. P166,500 D. P370,000 .
43. MBA Inc. which began business at the start of the current year, had the following data: Planned and actual production Sales (at P15 per unit) 40,000 units 37,000 units Variable P4 per unit Production costs Selling and administrative costs P1 per unit Fixed P260,000 P32,000 How much is the contribution margin to be disclosed in an absorption-costing income statement? A. PO B. P147,000 C. P166,500 D. P370,000 .
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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43

Transcribed Image Text:43. MBA Inc. which began business at the start of the current year, had the following data:
Planned and actual production
Sales (at P15 per unit)
40,000 units
37,000 units
Variable
P4 per unit
Production costs
Selling and administrative costs P1 per unit
Fixed
$260,000
P32,000
How much is the contribution margin to be disclosed in an absorption-costing income statement?
A. PO
B. P147,000
C. P166,500
D. P370,000
.
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