Professional Documents
Culture Documents
2020 2021
Sales ₱ 260,000.00 ₱ 460,000.00
Less: VC
VCGS
BI ₱ 52,500.00
COGM ₱ 150,000.00 ₱ 135,000.00
EI -₱ 52,500.00 -₱ 15,000.00
VCGS ₱ 97,500.00 ₱ 172,500.00
VSAE ₱ 18,000.00 ₱ 30,000.00
Contribution margin ₱ 144,500.00 ₱ 257,500.00
Less: Fixed Costs
FMOH -₱ 50,000.00 -₱ 54,000.00
FSAE -₱ 27,000.00 -₱ 45,000.00
NET INCOME ₱ 67,500.00 ₱ 158,500.00
ABSORPTION COSTING
2020 2021
Sales ₱ 260,000.00 ₱ 460,000.00
Less: COGS
BI ₱ 70,000.00
COGM ₱ 200,000.00 ₱ 189,000.00
EI -₱ 70,000.00 -₱ 21,000.00
COGS ₱ 130,000.00 ₱ 238,000.00
GROSS MARGIN ₱ 130,000.00 ₱ 222,000.00
Less:
SAE -₱ 45,000.00 -₱ 75,000.00
NET INCOME ₱ 175,000.00 ₱ 297,000.00
VC AC
DM used ₱ 1.00 ₱ 1.00
DL ₱ 0.80 ₱ 0.80
VOH 0.4 0.4
foh 0.5
variable
sales ₱ 256,000.00
less:
vcgs
production ₱ 96,000.00
ei -₱ 19,200.00
₱ 76,800.00
ABSORPTION
sales ₱ 256,000.00
less:
cogs
moh ₱ 160,000.00
ei -₱ 32,000.00
₱ 128,000.00
vc ac
foh ₱ 6.40
voh ₱ 9.60 ₱ 9.60