What is the operating income using variable costing

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CPA Board exam 2014- Rey's Pillows produces and sells a decorative pillow for P75.00 per unit. In the first month of operation, 2,000 units were produced and 1,750 units were sold. Actual fixed costs are the same as the amount budgeted for the month. Other information for the month includes: Variable manufacturing costs P20.00 per unit Variable marketing costs 3.00 per unit Fixed manufacturing costs 7.00 per unit Administrative expenses, all fixed 15.00 per unit Ending inventories: Direct materials -0- WIP -0- Finished goods 250 units. Get the instant assignment help. What is the operating income using variable costing?

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What is the operating income using variable costing : CPA Board exam 2014- Rey's Pillows produces and sells a decorative pillow for P75.00 per unit. What is the operating income using variable costing?

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