The following are the data related to H Company for the month of June: Sales Direct...

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The following are the data related to H Company for the month of June: Sales Direct Materials Direct Labor Rent (6/10 factory, 4/10 office) Depreciation on Factory Equipment Supervisory (2/3 office, 1/3 production) Salespeople's salaries Insurance (1/3 office, 2/3 factory) Office Supplies Advertising Depreciation of office equipment Interest on loan P1,000,000 20,000 10,000 70,000 20,000 50,000 10,000 100, 000 20,000 15,000 5,000 3,000 13. The gross margin percentage on absorption costing is bigger/lower than the contribution margin percentage using variable costing by? 14. If during the year, the entity produced 10, 000 units and sold 8,000 units, the income on absorption costing is higher/lower than the variable costing income by? 15. Capturing the data on Number 14, what would be the contribution margin on the following year, if the company produced and sold 3, 000 units? The following are the data related to H Company for the month of June: Sales Direct Materials Direct Labor Rent (6/10 factory, 4/10 office) Depreciation on Factory Equipment Supervisory (2/3 office, 1/3 production) Salespeople's salaries Insurance (1/3 office, 2/3 factory) Office Supplies Advertising Depreciation of office equipment Interest on loan P1,000,000 20,000 10,000 70,000 20,000 50,000 10,000 100, 000 20,000 15,000 5,000 3,000 13. The gross margin percentage on absorption costing is bigger/lower than the contribution margin percentage using variable costing by? 14. If during the year, the entity produced 10, 000 units and sold 8,000 units, the income on absorption costing is higher/lower than the variable costing income by? 15. Capturing the data on Number 14, what would be the contribution margin on the following year, if the company produced and sold 3, 000 units?

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13 The gross margin percentage on absorption costing is biggerlower than the contribution margin per... View the full answer