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2. An organisation produces a single product for which the following standard cost data are available: $ per unit Selling price 81 Direct materials 21
2. An organisation produces a single product for which the following standard cost data are available: $ per unit Selling price 81 Direct materials 21 Direct labour 12 Variable production overhead 9 Variable selling overhead 6 Fixed production overhead 15 Fixed selling overhead 3 Opening inventory 6,000 units Closing inventory 4,000 units Absorption costing profit $288,000 The reported profit using marginal costing would be
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