Product P has the following standard cost card based on production and sales levels of 15,000 units.
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Product P has the following standard cost card based on production and sales levels of 15,000 units.
$
Production cost Variable 32.00 Fixed 45.50 Selling cost Variable 7.50 Fixed 29.00 Profit 5.00 Selling price 119.00 In the month of June, production was 16,000 units and sales were 15,000 units. Assuming all other factors remained the same, what was the profit for June?
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Related Book For
CIMA - C01 Fundamentals Of Management Accounting Revision Kit
ISBN: 9780751780734
1st Edition
Authors: BPP Learning Media
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