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Question2: Victorian Corporation has provided the following data concerning its only product: (10 marks) Solve for: A. The Contribution Margin in Units and Ratio. (3
Question2: Victorian Corporation has provided the following data concerning its only product: (10 marks) Solve for: A. The Contribution Margin in Units and Ratio. (3 Marks) B. The Break-even in Dollars and in units. (3 Marks) Analyze: C. The Margin of Safety in Percentage. (2 Marks) D. The Margin of Safety in amount (2 Marks) Question3: XYZ Company produces a single product with the following information available. Evaluate and construct an Income statement using Variable Costing. (10 marks) (Marking Scheme: Unit Product Cost Computation - 3 Marks, Correct Preparation of Income statement 7 Marks) Petite Corporation has provided the following data from its activity-based costing system. (10 Marks) Data concerning the company's product Petite appear below: From the given information, find the answers for the following questions: A. Activity rate for total assembly cost? ( 2 marks) B. Activity rate processing orders cost pool? (2 marks) C. Activity rate for inspection cost pool? (2 marks) D. Total activity cost rate for ABC ? (2 marks) E. Average Cost of production for ABC ? ( 2 marks)
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