An organization has the following data:

Variable manufacturing costs (DM is P2.50)P6.00 per unit

Fixed manufacturing overhead (planned and actual) P1200

Variable selling and administrative costs P0.50 per unit

Fixed selling and administrative costsP1000

Units Sold1000 units

Units produced1200 units

Beginning inventory250 units

Selling price per unitP10

Compute for the following:

1. Operating income under variable (direct) costing method

2. Operating income under absorption costing method

3. Operating income under throughput costing method

4. The amount of ending inventory reported under absorption costing method

5. If the number of units sold is equal to its production of 1,200 units, the amount of ending inventory reported under absorption costing method

6. If 1350 units were sold instead, what would be the operating income under variable costing method?