Question 1 St. Andrew Craft Dealers is a manufacturing company that produces a single product. At the end of January 20. information was taken from the company's books for the month of February 2010: S J Direct material cost per unit, Direct labour cost per unit, 200 150 Variable overhead cost per unit, 50 Fixed overhead cost 600,000 750 Sales price per unit During February 2010 the company produced 12,000 units and 11,000 units were sold. Administrative and sel J Required: a) Calculate the value of the opening stock, b) Prepare profit statement using variable/marginal costing techniques for February 2010. (8 marks) Last saved 11/14/2021 9:23 AM