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From the following data prepare statements of cost according to both absorption costing and marginal costing systems: Sales Direct Material Direct Labour Factory Overheads
From the following data prepare statements of cost according to both absorption costing and marginal costing systems: Sales Direct Material Direct Labour Factory Overheads : Fixed Variable Administration Overheads: Fixed Selling Overheads : Fixed Variable Product A Rs. 30.000 12,000 - 8,000 6,000 2,000 1.000 2.000 1,000 Product B Rs. 60.000 25.000 10,000 8,000 3.000 2,000 2.000 3,000 Product C Rs. 80.000 36,000 14.000 6.000 5,000 2.000 3.000 3.000
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To prepare statements of cost according to both absorption costing and marginal costing systems we need to calculate the cost components for each prod...
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Managerial Accounting Tools for Business Decision Making
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso, Ibrahim M. Aly
4th Canadian edition
1118856996, 978-1118856994
