The Bebemo Company has provided information concerning its projections for the coming year as follows: Net sales - P10,000,000; Fixed manufacturing costs - P 1,000,000. Bush projects variable manufacturing costs of 60% of net sales. Assuming no change in inventory, what will the projected cost of goods sold be? A. P5,000,000 B. P6,000,000 C. P7,000,000 D. P8,000,000
The Bebemo Company has provided information concerning its projections for the coming year as follows: Net sales - P10,000,000; Fixed manufacturing costs - P 1,000,000. Bush projects variable manufacturing costs of 60% of net sales. Assuming no change in inventory, what will the projected cost of goods sold be? A. P5,000,000 B. P6,000,000 C. P7,000,000 D. P8,000,000
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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The Bebemo Company has provided information concerning its projections for the coming year as follows: Net sales - P10,000,000; Fixed manufacturing costs - P 1,000,000. Bush projects variable manufacturing costs of 60% of net sales. Assuming no change in inventory, what will the projected cost of goods sold be?
A. P5,000,000
B. P6,000,000
C. P7,000,000
D. P8,000,000
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