Find the number of units of product in inventory on december

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Problem 1: On January 1, 2020, TOMMY Company had 16,000 units in its beginning inventory. During the year, the company's net income for the year was P 24,000 higher under absorption costing than it was under direct costing. Given these facts, the number of units of product in the inventory on December 31, 2020 must have been

A. 22,000 units

B. 10,000 units

C. 6,000 units

D. 4,000 units

Reference no: EM132618735

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