Question: Determine the unit product cost under variable costing and absorption costing. Assuming there are no beginning inventories and 24,000 units were produced and 23,600 units

  1. Determine the unit product cost under variable costing and absorption costing.
  2. Assuming there are no beginning inventories and 24,000 units were produced and 23,600 units were sold in a month. If the unit selling price is P420, what is the net income under absorption costing and variable costing?

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