Dilawan Company produced 8,000 units in 200C and sold 6,000 units at P 30 per unit. There was no beginning inventory.

The following actual costs were incurred: Direct materials P 40,000 Direct labor 25,000 Variable overhead 36,000 Fixed overhead 24,000 Variable expenses 16,000 Fixed expenses 20,000

How much is the profit difference between the absorption costing and variable costing methods?

How much is the net income under the absorption costing method?

How much is the net income under the variable costing method