The following data relate to Hunter, Inc., a new company: Planned and actual production 200,000 units

Sales at P48 per unit 170,000 units

Manufacturing costs:

Variable P18 per unit

Fixed P840,000

Selling and administrative costs:

Variable P7 per unit

Fixed P925,000

There were no variances during the period. Required: Determine the number of units in the ending finished-goods inventory. Calculate the cost of the ending finished-goods inventory under (1) variable costing and (2) absorption costing. Determine the company's variable-costing net income. Determine the company's absorption-costing net income.