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HOMEWORK Following data relate to xyz limited Normal capacity 40000 unit's per month Variable cost @ 10 per unit Actual production 44000 units Sales -
HOMEWORK Following data relate to xyz limited Normal capacity 40000 unit's per month Variable cost @ 10 per unit Actual production 44000 units Sales - Nil Fixed manufacturing overhead OMR 100000/ month or OMR 2.500 per unit at normal capacity. Other fixed expenses OMR 8000 You are required to prepare income statement under 1. Absorption Costing(2000 -profit) 2. Marginal Costing(108000/Loss )
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