What is the net income for January 2020 under absorption costing? The selling price is P20.00 per unit Problem C. During January 2020, ABC company produced 1,000 units of product Z with the followingcosts:MaterialsP6,0003,300LaborVariable factory overheadFixed factory overheadTotal manufacturing costs2,5001,500P13,300Selling and administrative costs incurred during the month were:Variable selling and administrative costsFixed selling and administrative costsTotal selling and administrative costsP3,2002,000P5,000ABC company uses JIT system. It does not keep inventories in stock.12. What is the net income for January 2020 under absorption costing?

Calculation of product cost per unit : Particulars Amount Material P6,000 Labour P3,300…

Answered: Problem C. During January 2020, ABC…

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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Calculate the Following: 2022 Revenue: $600,000 Net units sold in 2022: 3,000 access points 2022 ending total units: 3,500 access points Monthly revenue per unit (ARPU) = ? Monthly gross margin per unit (AMPU) = ? One time cost per unit (access point and licensing): $400 One time cost for sales compensation per unit: $100 One time cost per unit to install service: $84 Monthly support costs per unit: $1.50 Payback period per unit sold = ? Contract term: 36 months Instructions: Based upon fictitious data points in the above table please calculate: 1. Monthly revenue per unit (ARPU) 2. Monthly Gross Margin per unit ( AMPU) 3. Payback period per unit sold (How long will it take in months to start making profit off of 1 unit sold)? Once calculated explain your findings in a short analysis and recommendations you have associated with the findings.
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Calculate the Following: 2022 Revenue: $600,000 Net units sold in 2022: 3,000 access points 2022 ending total units: 3,500 access points Monthly revenue per unit (ARPU) = ? Monthly gross margin per unit (AMPU) = ? One time cost per unit (access point and licensing): $400 One time cost for sales compensation per unit: $100 One time cost per unit to install service: $84 Monthly support costs per unit: $1.50 Payback period per unit sold = ? Contract term: 36 months Instructions: Based upon fictitious data points in the above table please calculate: 1. Monthly revenue per unit (ARPU) 2. Monthly Gross Margin per unit ( AMPU) 3. Payback period per unit sold (How long will it take in months to start making profit off of 1 unit sold)? Once calculated explain your findings in a short analysis and recommendations you have associated with the findings.

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