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Determine the unit product cost under variable costing

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Reference no: EM132738049

C Company manufactures a single product and has the following cost structure:

Variable costing per unit

Direct Materials Php72
Direct labor 96
Variable manufacturing overhead 24
Variable selling and administrative 48

Fixed Costs per month

Fixed manufacturing overhead Php2,400,000
Fixed selling and administrative costs 1,400,000

Problem 1: The Company produces 24,000 units each month. Determine the unit product cost under variable costing

Reference no: EM132738049

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