Based on variable costing, the income before income taxes for the year was * Q Format: 111,111 NUBD Corporation has the following standard costs associated with the manufacture and sale of one of its products: Direct material Direct labor Variable manufacturing overhead Fixed manufacturing overhead P3.00 per unit P2.50 per unit P2.00 per unit P4.00 per unit (based on an estimate of 50,000 units per year) PO.25 per unit P75,000 per year Variable selling expenses Fixed SG&A expense During 2021, its first year of operations, NUBD manufactured 51,000 units and sold 48,000. The selling price per unit was P25. All costs were equal to standard.
Based on variable costing, the income before income taxes for the year was * Q Format: 111,111 NUBD Corporation has the following standard costs associated with the manufacture and sale of one of its products: Direct material Direct labor Variable manufacturing overhead Fixed manufacturing overhead P3.00 per unit P2.50 per unit P2.00 per unit P4.00 per unit (based on an estimate of 50,000 units per year) PO.25 per unit P75,000 per year Variable selling expenses Fixed SG&A expense During 2021, its first year of operations, NUBD manufactured 51,000 units and sold 48,000. The selling price per unit was P25. All costs were equal to standard.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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