ABC Corp manufactures several lines of skiing equipment. Its Canada plant makes a single model, the GENOCIDE-25
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Question:
Fixed cost totaled P 600,000 and variable cost per unit is P 8.00. ABC Corp use normal activity and budgeted fixed cost of P 2,000,000. Fifty percent of the budgeted fixed cost pertains to manufacturing cost and this is used to set its standard manufacturing fixed cost per unit? There were no beginning inventories?
What is the adjusted net income under the standard absorption costing?
Related Book For
Accounting for Decision Making and Control
ISBN: 978-0078025747
8th edition
Authors: Jerold Zimmerman
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