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Please help me . Please help me A manufacturing company produces and sells Product ST. The production cost of the product is made up as
Please help me . Please help me
A manufacturing company produces and sells Product ST. The production cost of the product is made up as follows: The fixed production overhead cost per unit is based upon a planned monthly production volume of 11,000 units. In addition to the production costs, the company also incurs the following costs: The selling price per unit of Product ST is RM50. The following sales and production volumes are as follows: There are no stocks of work in progress or finished goods planned to be on hand at the beginning of June Year 4. Required: Prepare Profit Statements based on the plans set out above for June and July of Year 4 using: (a) The absorption costing method. (b) The marginal costing methodStep by Step Solution
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