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How much would be the income under absorption costing

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Question - During the year 2019, Silent J Company's production was 1,000 units and it sold 900 units at a price of P50 per unit. The following costs were incurred during the year: Total Cost Direct Materials P12,000 Direct Labor 10,000 Variable Factory Overhead 8,000 Fixed Factory Overhead 6.000 Variable selling 8: Admin Expenses 4,500 Fixed Selling and Admin Expenses 3,000 How much would be the income under absorption costing?

Reference no: EM132754456

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