Last year. Abner Company incurred the following costs host P 50,000 20,000 130,000 40,000 36,000 Direct materials Direct labor Factory overhead Selling expense Administrative expense Units produced and sold 10,000 units at a price P31 each 13. Prime cost per unit is a. P 7.00 b.P15.00 c. P 5.00 d. P20.00 14. Con ersion cost per unit is a. ? 7. b. P 15 ) c P20.00. d. P26.00 15. Cost of goods solt pe unit is a. P 7.0 b. P 15.09 stoq c. P 20.00 d. P26.00 16. Gross p.ofit per unit is a. P 11.00 b. P 15.00 c. P 16.00 d. P 24.00 17. Operating income is a. P 24,000 b. P 110,000 e bian c. P 74,000 d. P110,000

Last year. Abner Company incurred the following costs host P 50,000 20,000 130,000 40,000 36,000 Direct materials Direct labor Factory overhead Selling expense Administrative expense Units produced and sold 10,000 units at a price P31 each 13. Prime cost per unit is a. P 7.00 b.P15.00 c. P 5.00 d. P20.00 14. Con ersion cost per unit is a. ? 7. b. P 15 ) c P20.00. d. P26.00 15. Cost of goods solt pe unit is a. P 7.0 b. P 15.09 stoq c. P 20.00 d. P26.00 16. Gross p.ofit per unit is a. P 11.00 b. P 15.00 c. P 16.00 d. P 24.00 17. Operating income is a. P 24,000 b. P 110,000 e bian c. P 74,000 d. P110,000

Name: 50voitabicaol brus eigaoto Cost AccountingLast year. Abner Company in
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Description: 50voitabicaol brus eigaoto Cost AccountingLast year. Abner Company incurred the following costsP 50,00020,000130,00040,00036,000bourboDirect materialsDirect laboraFactory overheadSelling expenseAdministrative expenseletoUnits produced and sold 10,00

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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