Based on variable costing, if COCOMELON had sold 12,001 units instead of 12,000, its income before income taxes would have been. If the given was: a. P9.50 higher. b. P11.00 higher. c. P8.50 higher. d. P8.33 higher. Total fixed costs incurredP100,00050,000Total variable costs incurredTotal period costs incurredTotal variable period costs incurredUnits produced70,00030,00020,00012,000Units soldUnit sales priceP12

If the 1 extra unit was sold, more variable costs will be incurred and sales will more. Total…

Based on variable costing, if COCOMELON had sold 12,001 units instead of 12,000, its income before income taxes would have been. If the given was: a. P9.50 higher. b. P11.00 higher. c. P8.50 higher. d. P8.33 higher.

Based on variable costing, if COCOMELON had sold 12,001 units instead of 12,000, its income before income taxes would have been. If the given was: a. P9.50 higher. b. P11.00 higher. c. P8.50 higher. d. P8.33 higher.

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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Question

Based on variable costing, if COCOMELON had sold 12,001 units instead of 12,000, its income before income taxes would have been. If the given was:

a. P9.50 higher.

b. P11.00 higher.

c. P8.50 higher.

d. P8.33 higher.

Total fixed costs incurred
P100,000
50,000
Total variable costs incurred
Total period costs incurred
Total variable period costs incurred
Units produced
70,000
30,000
20,000
12,000
Units sold
Unit sales price
P12

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