The following operating data are available from the records of Sally Company for the month of January 2019: Sales (P 70 per unit) Direct materials Direct labor P 210,000 59,200 48,000 Manufacturing overhead: Fixed 36,080 24,000 Variable Marketing and general expenses: Fixed Variable Production in units - 3,280 units Beginning inventory - none 11,000 5% of sales
The following operating data are available from the records of Sally Company for the month of January 2019: Sales (P 70 per unit) Direct materials Direct labor P 210,000 59,200 48,000 Manufacturing overhead: Fixed 36,080 24,000 Variable Marketing and general expenses: Fixed Variable Production in units - 3,280 units Beginning inventory - none 11,000 5% of sales
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
The profit for the month under variable costing would be
- P32,420
- P25,500
- P23,320
- P22,420
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