Question
in August 2015 A manufacturing company budget to complete 5000 unit of product KKM, actually produced for the moth was 4800 unit at the beginning
in August 2015 A manufacturing company budget to complete 5000 unit of product KKM, actually produced for the moth was 4800 unit at the beginning of the moth the company had 500 units of product. During the month the company sold one unit of the product for 1200 and there was 400 unit of product at the end of August . Fix production administration and distribution expenses were 1000000, 550000 and 450000 respectively. The following information was available, Direct material 200, direct labour 150. variable overhead production 100.
1, Determine the number of unit KKm sold to Brown in August 2015
2 What was the full cost of per unit of production
3 If the company adopt marginal cost tecnique , what would be the amount profit/lost for august
4. Use the absorption cost to show the profit/lost obtain in number 3 for the month of august 2015
5, Show reconcilation of profit/lost
6 State two reason why you would adopted abdortion cost over marginal cost
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