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What would NUBD Corp. have reported as its income before income taxes if it had used variable costing? * Natio Format: 1,111 or (1,111) The following information is available for NUBD Corp. for its first year of operations Sales in units Production in units Manufacturing costs: Direct labor Direct material Variable overhead Fixed overhead Net income (absorption method) Sales price per unit 6,000 8,000 P13 per unit P5 per unit P1 per unit P100,000 P30,000 P40

What would NUBD Corp. have reported as its income before income taxes if it had used variable costing? * Natio Format: 1,111 or (1,111) The following information is available for NUBD Corp. for its first year of operations Sales in units Production in units Manufacturing costs: Direct labor Direct material Variable overhead Fixed overhead Net income (absorption method) Sales price per unit 6,000 8,000 P13 per unit P5 per unit P1 per unit P100,000 P30,000 P40

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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What would NUBD Corp. have reported as its income before income taxes if it had used variable costing? * Nation Format: 1,111 or (1,111) The following information is available for NUBD Corp. for its first year of operations: 6,000 8,000 Sales in units Production in units Manufacturing costs: Direct labor Direct material Variable overhead Fixed overhead P13 per unit P5 per unit P1 per unit P100,000 P30,000 P40 Net income (absorption method) Sales price per unit
Transcribed Image Text:What would NUBD Corp. have reported as its income before income taxes if it had used variable costing? * Nation Format: 1,111 or (1,111) The following information is available for NUBD Corp. for its first year of operations: 6,000 8,000 Sales in units Production in units Manufacturing costs: Direct labor Direct material Variable overhead Fixed overhead P13 per unit P5 per unit P1 per unit P100,000 P30,000 P40 Net income (absorption method) Sales price per unit
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