JKL Company produces a single product. At the end of last year, the company had 30,000 units in its ending inventory. JKLis variable production costs are Php10 per unit and its fixed manufacturing overhead costs are Php5 per unit every year. The company's net operating income for the year was Php12,000 higher under variable costing than under absorption costing. Given these facts, the number of units of product in inventory at the beginning of the year must have been
JKL Company produces a single product. At the end of last year, the company had 30,000 units in its ending inventory. JKLis variable production costs are Php10 per unit and its fixed manufacturing overhead costs are Php5 per unit every year. The company's net operating income for the year was Php12,000 higher under variable costing than under absorption costing. Given these facts, the number of units of product in inventory at the beginning of the year must have been
Financial And Managerial Accounting
15th Edition
ISBN:9781337902663
Author:WARREN, Carl S.
Publisher:WARREN, Carl S.
Chapter21: Variable Costing For Management
analysis
Section: Chapter Questions
Problem 4CMA: Bethany Company has just completed the first month of producing a new product but has not yet...
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100%
A. 27,600 units
B. 28,800 units
C. 32,400 units
D. 42,400 units
E. none of the above.
F. Other:
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