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Isko Corporation produces and sells single product. Selected cost and operating data relating to the product for the recent year are given below: Selling price per unit: P50 Direct material per unit P10 Direct Labor per unit: PS Variable Overhead per unit: P4 Variable selling per unit P6 Fixed manufacturing (total): P100.000 Fixed selling (total): P100.000 The total goods available for sale is 10,000 for the recent year. Given there is no inventory beginning and 80% of the Total goods available for sale were sold. what is the net income after tax assuming 25% tax rate under absorption costing?Bingbong Corporation's costing details for 2020 based on 20,000 produced units (60% of produced units were sold): Total Sales: P240,000 Total Fixed manufacturing cost incurred: P100,000 Total variable manufacturing cost incurred for 20,000 productions: P50,000 Total variable selling cost incurred based on sold items: P30,000 Assume there is no beginning inventory, if Bingbong were able to sold 200 more units in addition to all sold items, How much will the net income increase under variable costing?Willie Kong Corporation produces 1 kind of pharmaceutical product. Product information and operating data relating to the product for the recent year are given below: Contribution margin is 60% of selling price while variable cost per unit is P120. Total fixed behaving costs were P1,200,000 where in 75% of all the fixed cost were product cost in nature. Assuming 25,000 were produced and 20,000 were sold during the period, how much is the Net income under variable costing?\f\f