Information from NUBD Company's records for the year ended December 31, 2021 is available as follows: Units sold Net sales Cost of goods manufactured: Variable Fixed 60,000 Units manufactured P 1,400,000 | Operating expenses: Variable 630,000 Fixed 315,000 FG Inventory, beg. 70,000 P 98,000 140,000 none
Information from NUBD Company's records for the year ended December 31, 2021 is available as follows: Units sold Net sales Cost of goods manufactured: Variable Fixed 60,000 Units manufactured P 1,400,000 | Operating expenses: Variable 630,000 Fixed 315,000 FG Inventory, beg. 70,000 P 98,000 140,000 none
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Under the absorption costing method, NUBD’s operating income for 2021 would be
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