1.Stone began business at the start of the current year. The company planned to produce 25,000 units, and actual production conformed to expectations. Sales totaled to 20,000 units at P27 each. Costs incurred were

Fixed manufacturing overhead 150,000

Fixed selling and administrative expenses 100,000

Variable manufacturing overhead per unit 7

Variable selling and administrative expenses per unit 1

If there were no variances, the company's variable-costing income would be

2.Sands Corporation operates two stores, K and M. The following information relates to store K:

Sales P1,300,000

Variable operating expenses600,000

Fixed expenses traceable to K and controllable by K275,000

Fixed expenses traceable to K and controllable by others80,000

K's segment contribution margin is