COST ACCOUNTING
VARIABLE COSTING
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Question
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Compute the value of inventory value under direct costing method using the data given below:Units unsold at the end of the period, P 45, 000; raw materials used, P 6 per unit; raw materials, beginning, P 5.90 per unit; variable overhead per unit, P 2 per unit; indirect labor for the month, P 33, 750. Total fixed costs, P 67, 500.
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P 16.90
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P 11.00
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P 17.45
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P 19.15
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Explanation:
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