Below is extracted from the variable costing income statement of CONFUSED COMPANY for the year 2021:...

 

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Below is extracted from the variable costing income statement of CONFUSED COMPANY for the year 2021: Units produced Units sold Beginning inventory (Units) 100,000 110,000 15,000 Variable costs per unit Direct materials Direct labor P8 Factory Overhead SGGA Fixed costs: Factory overhead SGA P5 per unit P200,000 P50 per unit Selling price Additional information: Fixed overhead rate was determined using the normal capacity of 98,000 units. This probiem contains five questions. For supply-the-answer questions, please round off your final answer to the nearest whole number without comma, og. 258o0. Compute for the following 1. Volume variance 2. Net income under absorption costing 3. Net income under variable costing 4. Ending inventory balance under absorption costing 5. Break-even point in revenue FOR THIS ITEM ONLY, Break-even point in revenue a. Some other answer b. 1,362,923 c 1,437,500 d. 1,326,923 Below is extracted from the variable costing income statement of CONFUSED COMPANY for the year 2021: Units produced Units sold Beginning inventory (Units) 100,000 110,000 15,000 Variable costs per unit Direct materials Direct labor P8 Factory Overhead SGGA Fixed costs: Factory overhead SGA P5 per unit P200,000 P50 per unit Selling price Additional information: Fixed overhead rate was determined using the normal capacity of 98,000 units. This probiem contains five questions. For supply-the-answer questions, please round off your final answer to the nearest whole number without comma, og. 258o0. Compute for the following 1. Volume variance 2. Net income under absorption costing 3. Net income under variable costing 4. Ending inventory balance under absorption costing 5. Break-even point in revenue FOR THIS ITEM ONLY, Break-even point in revenue a. Some other answer b. 1,362,923 c 1,437,500 d. 1,326,923

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Calculation of break even sales in dollars Contribution ... View the full answer