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Question 2 : The decent corporation produced 1 2 0 0 0 units of product A during the first quater of the year 2 0

Question 2:
The decent corporation produced 12000 units of product A during the first quater of the year 2023;10,000 units were sold at Rs.11 per unit. The cost of prodestion were:
Material =Rs.30.000
Direct Labor = Rs.30,000
Fuctory Overhead:
Variable cost...........Rs.60,000
fiixed cost...............Rs.48,000
Marketine and administrative expenses for the Quarter consisted of Rs.15000 for each quarter, and variable portion was 10% of sales
Required;Comparative Income Statement for the quarter using (a) the absomtion costing method and
(b) the direct costing method.

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