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Compute the difference in net operating income

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Question - Vacation Corporation produces a single product. Data concerning the company's first year of operations appear below:

Units produced 10,000

Units sold 9,000

Selling price per unit P60

DM P15

DL P5

Variable OH P2

Variable selling and administrative P4

Fixed OH P200,000

Fixed selling and administrative P70.000

Required - Compute the difference in net operating income between absorption costing and variable costing for the year.

Reference no: EM133086119

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