Benguet Corp. has the following data pertaining to its only product: Direct Materials P 10.00 / unit P 8.00 / unit Direct Labor Variable Overhead P9.00/unit Fixed Overhead P 200,000/ year Variable Selling & Admin. P 5.00/ unit Fixed Selling & Admin. P 150,000/ year The company was able to produce 100,000 units and sell 0,000 units during its first year of operation.
Benguet Corp. has the following data pertaining to its only product: Direct Materials P 10.00 / unit P 8.00 / unit Direct Labor Variable Overhead P9.00/unit Fixed Overhead P 200,000/ year Variable Selling & Admin. P 5.00/ unit Fixed Selling & Admin. P 150,000/ year The company was able to produce 100,000 units and sell 0,000 units during its first year of operation.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Please help me answer requirement 3 and 4 with complete solutions please. Thank you
Additional information
Selling price P50.00
200,000 units
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