Question: A new process will be applied by ABC Corporation in manufacturing their products. Based on their study, the new process will yield savings on raw

A new process will be applied by ABC Corporation in manufacturing

A new process will be applied by ABC Corporation in manufacturing their products. Based on their study, the new process will yield savings on raw materials of P 150,000 per year, in labor by P 40,000. and in factory overhead P25,000. The company's depreciation will increase by P20,000. Corporate tax rate is 32% Compute for the annual savings from the new process

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