NUBD Co. had income of P65,000 using absorption costing for the period. Beginning and ending inventories for the period are 12.000 units and 18,000 units respectively. Ignoring income taxes, if the fixed overhead application rate is P2.50 per unit, what would the income have been using variable costing? * O P77,500 D P60,000 D P52,500 P50,000
NUBD Co. had income of P65,000 using absorption costing for the period. Beginning and ending inventories for the period are 12.000 units and 18,000 units respectively. Ignoring income taxes, if the fixed overhead application rate is P2.50 per unit, what would the income have been using variable costing? * O P77,500 D P60,000 D P52,500 P50,000
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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Transcribed Image Text:NUBD Co. had income of P65,000 using absorption costing for the period. Beginning and
ending inventories for the period are 12,000 units and 18,000 units respectively. Ignoring
income taxes, if the fixed overhead application rate is P2.50 per unit, what would the income
have been using variable costing? * ,
O P77,500
O P60,000
O P52,500
P50,000
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