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QUESTION 2 ( 2 0 Marks ) 2 . 1 REQUIRED Study the information provided below and prepare the Income Statement for the year ended
QUESTION
Marks
REQUIRED
Study the information provided below and prepare the Income Statement for the year ended December using the marginal costing method.
marks
INFORMATION
Marburg Manufacturers started operations on January It produced units of the only product that it manufactures and sold of the units produced at a price of R per unit during Variable manufacturing costs amounted to R per unit and variable marketing costs amounted to R per unit. Fixed costs totalled R of which was for manufacturing and was for administration and marketing.
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