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What is the variable costs for abc company

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Reference no: EM132746827

Problem 1: The ABC Company had the following data: 2019, sales of P200,000 and net income of P22,500; 2020, sales of P300,000 and net income of P62,500. What is the variable costs in 2020?

Option 1: Cannot be determined

Option 2: P60,000

Option 3: P120,000

Option 4: P180,000

Reference no: EM132746827

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