The following data were taken from the past records of a company at two output levels. The

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The following data were taken from the past records of a company at two output levels.

The company has three departments and all fixed costs have been apportioned to the departments on the basis of sales turnover.

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You are required to recast the above statements using the Marginal Costing approach showing contribution per department and in total.

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Costing

ISBN: 9780134789705

6th Edition

Authors: Terry Lucey

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Question Posted: May 21, 2024 06:01 AM

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The following data were taken from the past records of a company at two output levels. The

Question:

Dept A Dept B Dept C Total Sales 50,000 75,000 125,000 250,000 less Costs 45,000 60,000 106,250 211,250 = Profit 5,000 15,000 18,750 38,750 Sales 60,000 90,000 150,000 300,000 less Costs 50,000 66,000 117,500 233,500 = Profit 10,000 24,000 32,500 66,500

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Assuming that the only changes in cost betwe...View the full answer

Costing

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