David Co., produced 12,000 units of its products and sold 10,000 units during 2020 at P 40 per unit. Production costs during the year ending December 31, 2020 were: Materials, P108,000; Direct labor, P84,000; Factory Overhead variable, P72,000; Factory Overhead-fixed, P60,000; General and Administrative Expenses-fixed, P40,000; and Variable General and Administrative Expenses P36,000. There were also 3,000 units left in the Beginning Inventory at a total costs of P 80,400. Determine the following :

Total Fixed Cost Charged un 2020 under Absorption Costing

Total Period Costs under Direct costing

Operating Income under Direct Costing

Operating Income under Absorption Costing