11. Don Juan Ltd. Manufactures a single product for which the costs and selling prices...
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11. Don Juan Ltd. Manufactures a single product for which the costs and selling prices are: Variable production costs P 50 per unit Selling price P125 per unit Fixed production overhead P200,000 per quarter Fixed selling and administrative overhead P80,000 per quarter Normal capacity 20,000 units per quarter Production in first quarter was 19,000 units and sales volume was 16,000 units. No opening inventory for the quarter. The absorption costing profit for the quarter was
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