Intermediate In a period, opening stocks were 12 600 units and closing stocks 14 100 units. The
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Intermediate In a period, opening stocks were 12 600 units and closing stocks 14 100 units. The profit based on marginal costing was £50400 and profit using absorption costing was £60150. The fixed over¬ head 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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