USC Co. has shown below the actual operating results for the first two years of operations:                                                                                  Year 1                      Year 2       Units produced ..........................................      40,000                     40,000       Units sold         ...........................................      37,000                     41,000       Absorption Costing Net Operating Profit P44,000                  P52,000       Direct Costing Net Operating Profit            38,000                           ?  USC Co.’s cost structure and selling price were the same for both years.  What is USC Co.’s variable   costing net operating profit for Year 2?

FINANCIAL ACCOUNTING
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Chapter1: Financial Statements And Business Decisions
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USC Co. has shown below the actual operating results for the first two years of operations:

                                                                                 Year 1                      Year 2

      Units produced ..........................................      40,000                     40,000

      Units sold         ...........................................      37,000                     41,000

      Absorption Costing Net Operating Profit P44,000                  P52,000

      Direct Costing Net Operating Profit            38,000                           ?

 USC Co.’s cost structure and selling price were the same for both years.  What is USC Co.’s variable 

 costing net operating profit for Year 2?

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