"acation Corporation produces a single product. Data concernin, he company's first year of operations appear below: Units produced 10,000 Units sold 9,000 Selling price per unit P60 DM P15 DL P5 Variable OH P2 Variable selling and administrative P4 Fixed OH P200,000 Fixed selling and administrative P70,000 Compute for the difference in net operating income metween absorption costing and variable costing for the

Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter6: Activity-based, Variable, And Absorption Costing
Section: Chapter Questions
Problem 14PB: Summarized data for Backdraft Co. for its first year of operations are as follows: A. Prepare an...
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Vacation Corporation produces a single product. Data concerning
the company's first year of operations appear below:
Units produced
10,000
Units sold
9,000
Selling price per unit
Р60
DM
P15
DL
P5
Variable OH
P2
Variable selling and administrative
P4
Fixed OH
P200,000
Fixed selling and administrative
P70,000
Compute for the difference in net operating income
between absorption costing and variable costing for the
year.
Transcribed Image Text:Vacation Corporation produces a single product. Data concerning the company's first year of operations appear below: Units produced 10,000 Units sold 9,000 Selling price per unit Р60 DM P15 DL P5 Variable OH P2 Variable selling and administrative P4 Fixed OH P200,000 Fixed selling and administrative P70,000 Compute for the difference in net operating income between absorption costing and variable costing for the year.
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