Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Q4) Calculate Variable costing and Full Costing for the three years data following? Basic Data Selling price per unit soldRs. 25 Variable Manufacturing cost per

Q4) Calculate Variable costing and Full Costing for the three years data following?

Basic Data

Selling price per unit soldRs. 25

Variable Manufacturing cost per unit producedRs10

Fixed Manufacturing cost Per Year.Rs.300,000

Variable selling and admin exp. Per unit soldRs.1

Fixed selling and admin exp. Per Year.Rs.200,000

Year 1 Year 2 Year 3

Units in Beginning inventory.. 0 0 ?

Units in ending Inventory 0 ? 0

Units produced use your arid no last four digits and multiply by 10 for year 1, units produced for year 2 use your arid no last four digits 1.25 times and multiply by 10 and for year 3 units produced use your arid no last four digits 0.75 times and multiply by 10.

Units sold for year all three year use your arid no last four digits and multiply by 10.

the arid number is 3989. please consider this 3989 as units produced.and do the rest caluclation for year 1,2,3

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

ACC 120 Wake Tech Financial Accounting W Connect Plus Access

Authors: J. David Spiceland

1st Edition

1308168926, 978-1308168920

More Books

Students also viewed these Accounting questions