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Determine the number of units in the ending inventory

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Question - For 2021, the Elf company had 16,000 units in its beginning inventory. During the year, the company's variable production costs were P6 per unit and its fixed manufacturing overhead costs were P4 per unit. The company's net operating income for the year was P24,000 higher under absorption costing than it was under variable costing. Given these facts, determine the number of units in the ending inventory?

a. 22,000 units

b. 10,000 units

c. 6,000 units

d. 4,000 units

Reference no: EM133077411

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