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QUESTION ONE (10 Marks) That in ressed of a pan ised in procuor. QUESTION TWO (20 Marks) The company utilises the first-in-first-out method of inventory
QUESTION ONE (10 Marks) That in ressed of a pan ised in procuor. QUESTION TWO (20 Marks) The company utilises the first-in-first-out method of inventory valuation. REQUIRED: (Round of to two decimal places) 2.1 Prepare the Income Statement using the Marginal Costing method. (11) 2 Prepare the Income Statement using the Absorption Costing method
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