1. X Corp has total cost at various activity level for 2020, which are presented below:

The costs above consist of supplies cost labor cost and utilities. The hreekdoum of these costs in April 22l] are as follows: Supplies cost {xed cost] of P ll]; labor cost {variable cost} of P Tilt] and utilities [mixed cost} of P 1300. What would he the total cost if there will be i'EIl] units sold for year 221 ? Total fixed costs incurred P 100,000 Total variable costs incurred P 50,000 Total period costs incurred P 70,000 Total variable period costs P 30,000 incurred Units produced 20,000 Units sold 12,000 Unit sales price P 12.00 If X Corp had used variable costing in first year of operations, how much income (loss) before tax would it have reported