Required: Determine the allowable deduction for ABC Company

ABC Manufacturing is a manufacturer of various products with complex business operations subject to different tax regimes. During the period, it has the following details of income and expenses Operations in less Manufacturing Export operations developed areas operations for the registered with the registered with BOI domestic market PEZA under ITH Sales 3,000,000 2,000.000 5,000.000 Direct Cost 2,000,0000 1,000,000 3,000,000 Traceable expenses 300.000 200.000 400.000 ABC has a total of 1,200,000 administrative expenses that are not traceable to a specific type of operations during the year Required: Determine the allowable deduction for ABC Company