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HOMEWORK Following data relate to xyz limited Normal capacity 40000 units per month Variable cost @ 10 per unit Actual production 44000 units Sales Nil

HOMEWORK

Following data relate to xyz limited

Normal capacity 40000 units 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

Absorption Costing(2000 -profit)

Marginal Costing(108000/Loss )

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