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What income under variable costing would have been

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Problem 1: ABC Company had Php200,000 income using absorption costing. ABC has no variable manufacturing costs. Beginning inventory was Php15,000 and ending inventory was Php22,000. Income under variable costing would have been

Option 1: P178,000

Option 2: P193,000

Option 3: P200,000

Option 4: P207,000

Option 5: Answer not given

Reference no: EM132746815

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