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from the given information on the photo please prepare income statement for the month ended 31 March 2022 using following method Variable costing Absorption method
from the given information on the photo please prepare income statement for the month ended 31 March 2022 using following method Variable costing Absorption method
INFORMATION The following information relates to the only product produced by Aston Manufacturers for the month ended 31 March 2022: Selling price per unit Fixed manufacturing overhead costs Fixed selling and administrative costs Variable selling and administrative costs Direct materials cost per unit Direct labour cost per unit Variable manufacturing overhead costs per unit R50 R300 000 R200 000 10% of sales R8 R7 R5 There was no opening inventory of finished goods. The number of units sold was 45 000, which represented 90% of the number of units producedStep by Step Solution
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