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Old MathJax webview 2.1 prepare the income statement of Cambridge manufacturers for the year ended 31 March 2021 using absorption method uobe Acrobat Reader DC
Old MathJax webview
2.1 prepare the income statement of Cambridge manufacturers for the year ended 31 March 2021 using absorption method
uobe Acrobat Reader DC (32-bit) Sign Window Help ools OSA Jan21 BBA M... X 4 / 11 110% y The following information was extracted from the accounting records of Cambridge Manufacturers for the year ended 31 March 2021 Inventory on 01 April 2020 1 000 units Production for the year 30 000 units Sales for the year (at R240 per unit) 25 000 units Costs: Direct materials cost per unit R60 Direct labour cost per unit R36 Variable manufacturing overheads cost per unit R24 Variable selling and administrative costs per unit sold R12
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