Boo Corporation's costing details for 2020 based on 20,000 produced units (60% of produced units were sold): Total Sales: P240,000 Total Fixed manufacturing cost incurred: P100,000 Total variable manufacturing cost incurred for 20,000 productions: P50,000 Total variable selling cost incurred based on sold items: P30,000 Assume there is no beginning inventory, if Boo were able to sold 200 more units in addition to all sold items, How much will the net income increase under variable costing?
Boo Corporation's costing details for 2020 based on 20,000 produced units (60% of produced units were sold): Total Sales: P240,000 Total Fixed manufacturing cost incurred: P100,000 Total variable manufacturing cost incurred for 20,000 productions: P50,000 Total variable selling cost incurred based on sold items: P30,000 Assume there is no beginning inventory, if Boo were able to sold 200 more units in addition to all sold items, How much will the net income increase under variable costing?
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Boo Corporation's costing details for 2020 based on 20,000 produced units (60% of produced units were sold):
Total Sales:
P240,000
Total Fixed manufacturing cost incurred:
P100,000
Total variable manufacturing cost incurred for 20,000 productions: P50,000
Total variable selling cost incurred based on sold items:
P30,000
Assume there is no beginning inventory, if Boo were able to sold 200 more units in addition to all sold items, How much will the net income increase under variable costing?
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