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ACC2213/BAA2413 COST ACCOUNTING/COSTING/ FE2021 QUESTION Note: Kindly give answer in typed words. This question has already been posted here 2 times. but the answer was
ACC2213/BAA2413 COST ACCOUNTING/COSTING/ FE2021 QUESTION
Note: Kindly give answer in typed words. This question has already been posted here 2 times. but the answer was given wrong...I want an accurate and correct answer with all calculations showing...
ABC Sdn Bhd is producing a product called BB. Total production in the month of June 2021 is 6,000 units meanwhile the sales of BB product was recorded at 6,200 units. This indicate the BB product is selling well in the market. ABC Sdn Bhd Below are the cost information provided by Manager of BB production. RM 30.00 Selling price Direct material RM 2.80 Direct labour RM 8.00 RM 1.20 RM 0.80 RM 3.50 Variable manufacturing overhead Variable non-manufacturing overhead Fixed production overhead (per production unit) Fixed adn tration and general overhead Fixed selling and distribution overhead Production RM 12,200 RM 4,100 6,000 units Sales 6,200 units Opening stock 400 units Required: a. Prepare the Statement of Profit and Loss for the month of June 2021 using: i. Marginal Costing Approach ii. Absorption Costing Approach b. Reconcile the difference in the profits under the two costing approachesStep by Step Solution
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