For producing 200 units of product a company uses P60,000 of direct materials, pays P70,000 of direct labor and incurs P20,00, and P60,000 variable overhead and fixed overhead, respectively. Compute the product unit cost assuming that 450,000 units are produced.

For producing 200 units of product a company uses P60,000 of direct materials, pays P70,000 of direct labor and incurs P20,00, and P60,000 variable overhead and fixed overhead, respectively. Compute the product unit cost assuming that 450,000 units are produced.

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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