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When a production of 200,000 units of Product A during the month of June, Bucayao Corporation has incurred costs as follows Direct materials P200,000 Direct labor used 135,000 Manufacturing overhead Variable 75,000 Fixed 90,000 Selling and administrative expenses Variable 30,000 Fixed 85,000 P615,000 Total What were Product A's product costs per unit under absorption and variable costing, respectively? A. P2.20; P2.05 B. P2.50; P2.05 C. P3.075; P2.20 D. P2.05; P2.20

When a production of 200,000 units of Product A during the month of June, Bucayao Corporation has incurred costs as follows Direct materials P200,000 Direct labor used 135,000 Manufacturing overhead Variable 75,000 Fixed 90,000 Selling and administrative expenses Variable 30,000 Fixed 85,000 P615,000 Total What were Product A's product costs per unit under absorption and variable costing, respectively? A. P2.20; P2.05 B. P2.50; P2.05 C. P3.075; P2.20 D. P2.05; P2.20

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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When a production of 200,000 units of Product A during the month of June, Bucayao Corporation has incurred costs as follows Direct materials P200,000 Direct labor used 135,000 Manufacturing overhead Variable 75,000 Fixed 90,000 Selling and administrative expenses Variable 30,000 Fixed 85,000 P615,000 Total What were Product A's product costs per unit under absorption and variable costing, respectively? A. P2.20; P2.05 B. P2.50; P2.05 C. P3.075; P2.20 D. P2.05; P2.20
Transcribed Image Text:When a production of 200,000 units of Product A during the month of June, Bucayao Corporation has incurred costs as follows Direct materials P200,000 Direct labor used 135,000 Manufacturing overhead Variable 75,000 Fixed 90,000 Selling and administrative expenses Variable 30,000 Fixed 85,000 P615,000 Total What were Product A's product costs per unit under absorption and variable costing, respectively? A. P2.20; P2.05 B. P2.50; P2.05 C. P3.075; P2.20 D. P2.05; P2.20
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