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NUBD, which began business at the start of the current year, had the following data: Planned and actual production: 40,000 units Sales: 37,000 units a P15 per unit Production costs: Variable: P4 per unit Fixed: P260,000 Selling and administrative costs: Variable: P1 per unit Fixed: P32,000

NUBD, which began business at the start of the current year, had the following data: Planned and actual production: 40,000 units Sales: 37,000 units a P15 per unit Production costs: Variable: P4 per unit Fixed: P260,000 Selling and administrative costs: Variable: P1 per unit Fixed: P32,000

FINANCIAL ACCOUNTING
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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The contribution margin that the company would disclose on an absorption-costing income statement is:

NUBD, which began business at the start of the current year, had the following data: Planned and actual production: 40,000 units Sales: 37,000 units a P15 per unit Production costs: Variable: P4 per unit Fixed: P260,000 Selling and administrative costs: Variable: P1 per unit Fixed: P32,000
Transcribed Image Text:NUBD, which began business at the start of the current year, had the following data: Planned and actual production: 40,000 units Sales: 37,000 units a P15 per unit Production costs: Variable: P4 per unit Fixed: P260,000 Selling and administrative costs: Variable: P1 per unit Fixed: P32,000
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