EDIL COMPANY PRODUCES AND SELLS A SINGLE PRODUCT. THE COSTS AND S...

11. Edil Company produces and sells a single product. The costs and selling prices on a per-unit

basis are as follows:

Selling Price P120

Materials 35

Labor 15

Variable overhead 10

Fixed overhead 10

Variable selling and administrative 20

Fixed selling and administrative 5

The above per-unit figures are computed based on the company’s normal capacity of