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ENANCE HOUR Costs' Nature Fixed Costs Variable Costs 50.000 40.000 10.000 20.000 Material Cost Direct Material Indirect Material Labor Cost Direct Labor Ina rect Labor

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ENANCE HOUR Costs' Nature Fixed Costs Variable Costs 50.000 40.000 10.000 20.000 Material Cost Direct Material Indirect Material Labor Cost Direct Labor Ina rect Labor Utility Cost Q4. The costs of ABC company occurred in March are stated rightward. Company produced 800 unit in March while the monthly production capacity is 1.000 unit. At the end of the month, there are no semi- finished goods and sold 500 units finished goods at a price of 300 TL. The normal costing method has been chosen in ascertaining total and unit cost. Required: a) Ascertain total and unit cost of March according to chosen method. b) Present the cost and expense Items in financial statements. 40.000 40.000 20.000 25.000 35.000 Depreciation Cost Marketing Seling Cost 55.000 9.000 129.000 6.000 1 11.000 Total

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