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Manufacturing cost cost per units DM 40 DL 10 Variable MOH 8 Fixed MOH 21 Variable selling & Admin 3 Fixed selling & Admin 9

Manufacturing cost cost per units
DM 40
DL 10
Variable MOH 8
Fixed MOH 21
Variable selling & Admin 3
Fixed selling & Admin 9
Tax rate 25%
Selling price per unit 120
Units produce 20000
units sold 18000

1. Compute the following in two method. Full absorption costing method and variable costing method

Total manufacturing cost
Average cost per unit
Ending inventory (units)
Ending inventory (value)
COGS
Total cost accounted for

2. Income Statement for both method.

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