Solution-What would have been the net operating income

What would have been the net operating income

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Question 1: Pharsa Corporation produces a single product. Last year, the company had net operating income of P50,000 using variable costing. Beginning and ending inventories were 13,000 units and 18,000 units, respectively. If the fixed manufacturing overhead cost wasP2.00 per unit, what would have been the net operating income using absorption costing?

Reference no: EM132540458

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What would have been the net operating income

Reference no: EM132540458

Reference no: EM132540458

Questions Cloud

Reviews

Write a Review

Managerial Accounting Questions & Answers

Manage budgets and financial plans

Prepare a retained earnings statement

Prepare a master budget for the three-month period

Construct the companys direct labor budget

Evaluate the predetermined overhead rate

Determine the company''s bid

Compute the pool rates for the different activities

Prepare Company financial statements

Prepare an analysis of terracycles

Discuss the ethical issues

Political resources in emerging markets

Management accounting - ehsan electronics company

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