Question
A product has the following costs: $ Per Unit Variable production costs 9.60 Total production costs 15.00 Total variable cost 11.80 Total cost 20.00 22,800
A product has the following costs:
$ Per Unit
Variable production costs 9.60
Total production costs 15.00
Total variable cost 11.80
Total cost 20.00
22,800 units of the product were manufactured in a period during which 22,400 units were sold.
Make statement showing the profit using absorption costing and marginal costing
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Marginal Costing Marginal cost per unit MarginalCost 960 Total variable cost for 22400 units To...
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Step: 2
Step: 3
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Financial Accounting Tools for business decision making
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso
6th Edition
978-1119191674, 047053477X, 111919167X, 978-0470534779
