Actual Costing Production Cost, Unit Cost, Net Income and Inventories 2. CABADBARAN CORP., produces non-fat yogurt which it sells to restaurants and ice cream shops. The product is sold in 10-gallon containers, which have the following price and variable costs. Sales price Direct materials Direct labor Variable overhead P30 10 4 6. Budgeted fixed overhead in 2019, the company's first year of operations, was P600,000. Actual production was 150,000 10-gallon containers, of which 125,000 were sold. CABADBARAN incurred the following selling and administrative expenses. Fixed P100,000 for the year P2 per container sold Variable pe. UTnuei LIie LVVU T C Iv. Compute the throughput nmargin and income under throughnut costing

Actual Costing Production Cost, Unit Cost, Net Income and Inventories 2. CABADBARAN CORP., produces non-fat yogurt which it sells to restaurants and ice cream shops. The product is sold in 10-gallon containers, which have the following price and variable costs. Sales price Direct materials Direct labor Variable overhead P30 10 4 6. Budgeted fixed overhead in 2019, the company's first year of operations, was P600,000. Actual production was 150,000 10-gallon containers, of which 125,000 were sold. CABADBARAN incurred the following selling and administrative expenses. Fixed P100,000 for the year P2 per container sold Variable pe. UTnuei LIie LVVU T C Iv. Compute the throughput nmargin and income under throughnut costing

Name: Actual Costing Production Cost, Unit Cost, Net Income and Inventories
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Description: Actual Costing Production Cost, Unit Cost, Net Income and InventoriesCABADBARAN CORP., produces non-fat yogurt which it sells to restaurants and ice cream shops. Theproduct is sold in 10-gallon containers, which have the following price and variable

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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Subject: Acounting