Particulars Gross Sales Less: Projected Income Statement Direct Materials Direct Labor Overhead Expenses Total Manufacturing Cost Gross Profit Less: Selling and Administrative Expense Net Profit Amount Php 10,800 Php 3,389.22 Php, 0.00 Php 1.280.00 Php 4669.22 Php 6,130.00 Php 0.00 Php 5517.00

Financial & Managerial Accounting
14th Edition
ISBN:9781337119207
Author:Carl Warren, James M. Reeve, Jonathan Duchac
Publisher:Carl Warren, James M. Reeve, Jonathan Duchac
Chapter20: Variable Costing For Management Analysis
Section: Chapter Questions
Problem 4DQ: In the variable costing income statement, how are the fixed manufacturing costs reported, and how...
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describe our projected business plan, is there net income or net loss, will our business gain more profit, yes or no and why, explain everything

Particulars
Gross Sales
Less:
Projected Income Statement
Direct Materials
Direct Labor
Overhead Expenses
Total Manufacturing Cost
Gross Profit
Less: Selling and Administrative
Expense
Net Profit
Amount
Php 10,800
Php 3,389.22
Php, 0.00
Php 1.280.00
Php 4669.22
Php 6,130.00
Php 0.00
Php 5517.00
Transcribed Image Text:Particulars Gross Sales Less: Projected Income Statement Direct Materials Direct Labor Overhead Expenses Total Manufacturing Cost Gross Profit Less: Selling and Administrative Expense Net Profit Amount Php 10,800 Php 3,389.22 Php, 0.00 Php 1.280.00 Php 4669.22 Php 6,130.00 Php 0.00 Php 5517.00
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