If there were no variances, the company's absorption-costing net income would be: * O Format: 111,111 NUBD began business at the start of the current year. The company planned to produce 25,000 units, and actual production conformed to expectations. Sales totaled 21,000 units at P30 each. Costs incurred were: Fixed manufacturing overhead Fixed selling and administrative cost Variable manufacturing cost per unit |Variable selling and administrative cost per unit P150,000 100,000 2
If there were no variances, the company's absorption-costing net income would be: * O Format: 111,111 NUBD began business at the start of the current year. The company planned to produce 25,000 units, and actual production conformed to expectations. Sales totaled 21,000 units at P30 each. Costs incurred were: Fixed manufacturing overhead Fixed selling and administrative cost Variable manufacturing cost per unit |Variable selling and administrative cost per unit P150,000 100,000 2
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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