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help Question 2 (5 marks) The ABC Company reported the following units of production and sales for June and July 2019: Units Month Produced June
help Question 2 (5 marks) The ABC Company reported the following units of production and sales for June and July 2019: Units Month Produced June 2019 100,000 90,000 July 2019 100,000 105,000 Sold Operating income under absorption costing for June was GH40,000; operating income under variable costing for July was GH50,000. Fixed costs were GH600,000 for each month. Required: (2.5 marks) a) How much was operating income for July using absorption costing? (2.5 marks) b) How much was operating income for June using variable costing
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