Question
ABC Ltd budgets the following costs for a normal monthly volume of 559 units selling for $3964 each. Manufacturing Non-manufacturing Variable $827 000 $731 000
ABC Ltd budgets the following costs for a normal monthly volume of 559 units selling for $3964 each.
Manufacturing | Non-manufacturing | |
Variable | $827 000 | $731 000 |
Fixed | $377 000 | $534 000 |
Compute the difference in profit or loss using absorption costing and variable costing when 559 units are produced and 527 units are sold.
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Accounting
Authors: Carl S Warren, James M Reeve, Jonathan Duchac
24th Edition
0538475005, 9780538475006
