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please help with 2.3 and 2.4 R 116 600 2 550 Selling price (per unit) Units in opening inventory Units manufactured Units sold Units in
please help with 2.3 and 2.4
R 116 600 2 550 Selling price (per unit) Units in opening inventory Units manufactured Units sold Units in closing inventory Variable costs per unit 3050 100 Direct materials R12,00 Direct labour R50,00 Variable manufacturing overhead R6,50 Variable selling and administrative R10,00 Variable selling and administrative R10,00 Fixed costs: Fixed manufacturing overhead R81 000 Fixed selling and administrative R19 000 2.1 The company produces the same number of units every month, although the sales in units vary from month to month. The company's variable costs per unit and total fixed costs have been constant from month to month. (where applicable, round off amounts to two decimal places) Calculate the unit product cost for the month under marginal costing. (3 marks) Calculate the unit product cost for the month under absorption costing (3 marks) Prepare an income statement for the month using the absorption costing method. (7 marks) Prepare an income statement for the month using the Marginal costing method. (7 marks) 2.2 2.3 2.4 Step by Step Solution
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