Ace Corporation has the following information in its first year of operations in 201A: Units produced 20,000 Units sold 19,000 Selling price per unit Direct material costs Direct labor Variable manufacturing overhead Variable selling costs P150 20 15 50 20 Fixed manufacturing costs P460,000 Fixed administrative costs 280,000 Required: Prepare an income statement under (1) absorption costing (2) variable costing, and (3) throughput costing