Buena Company manufactures a single product and has the following cost structure: Variable costing per unit Direct Materials Php72 Direct labor 96 Variable manufacturing overhead Variable selling and administrative 24 48 Fixed Costs per month Fixed manufacturing overhead Fixed selling and administrative costs Php2,400,000 1,400,000 The Company produces 24,000 units each month Determine the unit product cost under variable costing.

Buena Company manufactures a single product and has the following cost structure: Variable costing per unit Direct Materials Php72 Direct labor 96 Variable manufacturing overhead Variable selling and administrative 24 48 Fixed Costs per month Fixed manufacturing overhead Fixed selling and administrative costs Php2,400,000 1,400,000 The Company produces 24,000 units each month Determine the unit product cost under variable costing.

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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