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(c) 8 finull =57% DATA BELOW IS FOR QUESTIONS 11 AND 12 Cost and selling price details for product Z are as follows. Direct materials
(c) 8 finull =57% DATA BELOW IS FOR QUESTIONS 11 AND 12 Cost and selling price details for product Z are as follows. Direct materials Direct labour Variable overhead Fixed overhead absorption rate Profi: Selling price Budgeted production for the month was 5,000 units although the company managed to produce 5,800 units. selling 5,200 of them and incurring fixed overhead cosis of K27,400. (11) What was the marginal costing profit for the month? (5 Marks) (12) What was the absorption costing profit for the month? ( 5 Marks) (c) 8 finull =57% DATA BELOW IS FOR QUESTIONS 11 AND 12 Cost and selling price details for product Z are as follows. Direct materials Direct labour Variable overhead Fixed overhead absorption rate Profi: Selling price Budgeted production for the month was 5,000 units although the company managed to produce 5,800 units. selling 5,200 of them and incurring fixed overhead cosis of K27,400. (11) What was the marginal costing profit for the month? (5 Marks) (12) What was the absorption costing profit for the month? ( 5 Marks)
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