Q31 Spa Ltd makes a single product and produces management accounts, including a costing profit and loss account each month. In September, 100,000 units of the product were produced. The production costs in September were: Direct materials Direct labour Fixed overheads Total costs 200,000 300,000 300,000 800,000 There were no opening stocks at the start of September. However, in September, only 75,000 units of production were sold, leaving 25,000 units in stock. Each unit is sold for 10. Required: Calculate the cost per unit and the profit using marginal and absorption costing.

Q3 Spa Ltd makes a single product and produces management accounts, including a costing profit and loss account each month. In September, 100,000 units of the product were produced. er were: There were no opening stocks at the start of September. However, in September, only 75,000 units of production were sold, leaving 25,000 units in stock. Each unit is sold for 10. Required: Calculate the cost per unit and the profit using marbinal and absorption costing