NUBD Co. had income of P65,000 using absorption costing for the period. Beginning and ending inventories for the period are 12,000 units and 18,000 units respectively. Ignoring income taxes, if the fixed overhead application rate is P2.50 per unit, what would the income have been using variable costing? A.P77,500 B. P60,000 C. P52,500 D. P50,000

NUBD Co. had income of P65,000 using absorption costing for the period. Beginning and ending inventories for the period are 12,000 units and 18,000 units respectively. Ignoring income taxes, if the fixed overhead application rate is P2.50 per unit, what would the income have been using variable costing? A.P77,500 B. P60,000 C. P52,500 D. P50,000

Name: NUBD Co. had income of P65,000 using absorption costing for the period
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Description: NUBD Co. had income of P65,000 using absorption costing for the period. Beginning and ending inventories for the period are 12,000 units and 18,000 units respectively. Ignoring income taxes, if the fixed overhead application rate is P2.50 per unit, w

Managerial Accounting

15th Edition

ISBN:9781337912020

Author:Carl Warren, Ph.d. Cma William B. Tayler

Publisher:Carl Warren, Ph.d. Cma William B. Tayler

Chapter7: Variable Costing For Management analysis

Section: Chapter Questions

Problem 4BE

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