Georgia Co.'s tool division, Ash, incurred the following costs for year 2:VariableFixedDirect materialsDirect laborFactory overheadGeneral,administrativeselling. andPhp 240,000180,00084,00036,000Php 50,40057,600TotalPhp 540,000Php 108,000During year 2. Ash produced 360,000 hammers, which were sold for Php 2.40 each. Georgia'sinvestment in Ash was Php 600,000 and Php 840,000 at January 1, year 1 and January 1, year 2,respectively. Georgia normally imputes interest on investments at 18% of average invested capital.7. For the year ended December 31, year 2, Ash's return on average investment was8. Assume that Ash's net operating income was Php 72.000 and its average invested capital wasPhp 720,000. Determine Ash's residual income (loss) for the year ended December 31, year 2.9. Ash's contribution margin for the year ended December 31, year 2 was10. Based on Ash's year 2 financial information, and a projected year 3 production level of 400,000hammers, what will Ash's estimated year 3 total costs and expenses be, assuming variable costsremain at Php 1.50 per unit?

Name: Georgia Co.'s tool division, Ash, incurred the following costs for ye
Uploaded: 2024-03-20T06:32:49.000Z
Channel: Bartleby
Description: Georgia Co.'s tool division, Ash, incurred the following costs for year 2:VariableFixedDirect materialsDirect laborFactory overheadGeneral,administrativeselling. andPhp 240,000180,00084,00036,000Php 50,40057,600TotalPhp 540,000Php 108,000During year