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Office Products Ltd provides the Sales and the cost data for 60,000 units as given below. At full capacity the plant can produce 100,000 units
Office Products Ltd provides the Sales and the cost data for 60,000 units as given below. At full capacity the plant can produce 100,000 units Sales Rs. 12,00,000 Costs: Variable: Material Rs. 2,40,000 Labour Rs. 3,60,000 Overheads Rs. 1,80,000 Fixed Cost Rs. 3,20,000 Total Rs.11,00,000 PROFIT Rs. 1,00,000 Prepare the Income statement under marginal costing for production at 80,000 units.
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