ABC Company had P 200,000 income using absorption costing. ABC has no variable manufacturing costs. Beginning inventory was P 15,000 and ending inventory was P 22,000. Income under variable costing would have been?

ABC Company had P 200,000 income using absorption costing. ABC has no variable manufacturing costs. Beginning inventory was P 15,000 and ending inventory was P 22,000. Income under variable costing would have been?

Name: Exercise 4:ABC Company had P 200,000 income using absorption costing.
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Description: Exercise 4:ABC Company had P 200,000 income using absorption costing. ABC has no variable manufacturing costs.Beginning inventory was P 15,000 and ending inventory was P 22,000. Income under variable costingwould have been?

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter6: Activity-based, Variable, And Absorption Costing

Section: Chapter Questions

Problem 13PA: Grainger Company produces only one product and sells that product for $100 per unit. Cost...

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