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for managerial accounting please i need this asap! Question B1 Kent Ltd. makes and sells a product Z. Costs and revenue details for months January
for managerial accounting
Question B1 Kent Ltd. makes and sells a product Z. Costs and revenue details for months January March 2018 are provided below. Variable cost per unit Selling price per unit Fixed costs per month 60.00 90.00 10,000 Normal activity is 1,000 units per month and sales/production for the three months are: Sales (units) Production (units) Jan 1,000 1,000 Feb 900 1,100 March 1,300 1,100 There was no opening inventory. Required: (a) (0) (b) Prepare the operating statements for January, February and March, using: Marginal costing principles [3] (ii) Absorption costing principles [7] Comment briefly on the results, explaining any differences in the reported [4] profit figures. Explain briefly why traditional costing systems (like absorption costing) can [6] provide misleading information to decision makers and why activity based costing (ABC) might provide more useful information. (c) please i need this asap!
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