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Question - CVP ANALYSIS AND PRODUCT COSTING - Damit Company manufactures and sells a single product. Planned and actual production in its first operation was P90,000 units. Planned and actual costs for the year were as follows:
Manufacturing Variable = 540,000
Non manufacturing Variable = 450,000
Manufacturing Fixed =360,000
Non manufacturing Fixed = 270,000
The company sold 76,500 units for P20 each.
Required - Determine the profit using absorption costing?
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