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QUESTION 2 [Total: 18] Exclusive Printing are manufacturing Seamless Jackets. The following information of Exclusive Printing is available. Sales price per unit R12 50 R7.50
QUESTION 2 [Total: 18] Exclusive Printing are manufacturing Seamless Jackets. The following information of Exclusive Printing is available. Sales price per unit R12 50 R7.50 Variable production cost R1.00 Variable administration sales and distribution cost per unit R8.50 Total Marginal cost per unit R37 500.00 Fixed production costs R18 750.00 Fixed administration sales and distribution 2500 Opening inventory in units (Beginning of Dec20X1) Units produced 25000 Required 2.1 Draw up a statement of comprehensive income according to marginal costing principles for the month of December20x1 for the sales of 18750 units (9) 22 Draw up a statement of comprehensive income using absorption costing principles for the month of December20x1 with a normal activity of 25000 units with a fixed production cost of R37500 for the month Sales for December 20x1 was 18750 (9)
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