In a period, opening stocks were 12 600 units and closing stocks 14 100 units. The profit

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In a period, opening stocks were 12 600 units and closing stocks 14 100 units. The profit based on marginal costing was £50 400 and profit using absorption costing was £60 150. The fixed overhead absorption rate per unit (to the nearest penny) is:

(a) £4.00

(b) £4.27

(c) £4.77

(d) £6.50

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