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plz jaldi bta dy..and thanks pehly ap n bht acha response dea Q.4. The Star Company uses a standard costing system and manufactures one product

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plz jaldi bta dy..and thanks pehly ap n bht acha response dea

Q.4. The Star Company uses a standard costing system and manufactures one product whose standard cost is as gi below: Mark Rs. 120,000 12,000 15,000 33,000 Items Sales Direct Material Direct Labor Total Factory Overhead (Ratio of Fixed and Variable OH is 3:2) Variable Marketing and Admin expenses Fixed Marketing and Admin expenses Opening Inventory Ending Inventory 5,000 12,500 18,750 9,250 Requirement: Calculate income statement for the company under absorption costing system

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