During January 2021, XYZ Corp. produced 100,000 units of Product A with costs as follows: Materials P 6,000,000 Labor 3,300,000 Variable factory overhead 2,500,000 Fixed factory overhead 1,500,000 Total manufacturing costs 13,300,000 Selling and administrative costs incurred during the month were: Variable selling and administrative 3,000,000 Fixed selling and administrative 2,000,000 5,000,000 Selling price P200 per unit XYZ Corp. uses the JIT system. It does not keep inventories in stock. What amount should be considered product cost per unit under variable costing? Group of answer choices P 118 P 133 P 148 P 183
During January 2021, XYZ Corp. produced 100,000 units of Product A with costs as follows: Materials P 6,000,000
Labor 3,300,000
Variable factory
Fixed factory overhead 1,500,000
Total
Selling and administrative costs incurred during the month were:
Variable selling and administrative 3,000,000
Fixed selling and administrative 2,000,000
5,000,000
Selling price P200 per unit
XYZ Corp. uses the JIT system. It does not keep inventories in stock.
What amount should be considered product cost per unit under variable costing?
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