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2 Q.2 (2 marks) The following information about company QxZ LTD has been made available for 2019: 1. The Opening Inventory was 300 units 2.

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2 Q.2 (2 marks) The following information about company QxZ LTD has been made available for 2019: 1. The Opening Inventory was 300 units 2. The Closing Inventory was 750 units 3. The fixed production overhead absorption rate was 5 per unit 4. The profit was 72,300 under marginal costing What is the profit under absorption costing ? Please select one alternative: O 70,050 O 74,550 O 67,050 O 77,550

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