Question
Management accounting: A cosmetic manufacturing company makes and sells eye shadows whose variable production cost is $5 per unit. The current selling price is $10
Management accounting: A cosmetic manufacturing company makes and sells eye shadows whose variable production cost is $5 per unit. The current selling price is $10 per unit. There were no opening inventories at the start of the period and the production units were 25000. $50000 fixed overheads were incurred in October 20x5, which includes production, sales, and distribution. There were no variable non-production costs. How much contribution and profit for October 20x5 is made under marginal costing if sales were as follows: 1) 10000 units 2) 20000 units
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