Question
The information is as follows: Total Production costs $200,000 Opening finished goods 12,000 Units sold 37,000 Closing finished goods 15,000 Percentage of product costs that
The information is as follows:
Total Production costs $200,000
Opening finished goods 12,000
Units sold 37,000
Closing finished goods 15,000
Percentage of product costs that are prime costs 70%
Percentage of conversion costs that are direct labour 60%
Calculate the number of units produced during the period
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Financial Statement Analysis
Authors: K. R. Subramanyam, John J. Wild
10th edition
73379433, 73379432, 978-0073379432
