Transcribed image text: MAPCAN company makes maple syrup in Canada. In 2019, it made 220,000 400gr bottle
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Transcribed image text: MAPCAN company makes maple syrup in Canada. In 2019, it made 220,000 400gr bottle of syrups and sold 190,000 of them, at an average selling price of $25 per bottle. The following additional information relates to MAPCAN company for 2019: Direct Materials Direct manufacturing labour Variable manufacturing costs Sales commissions Fixed manufacturing costs Fixed administrative expenses $10.00 per bottle $2.00 per bottle $4.00 per bottle $3.00 per bottle $750,000 per year $270,000 per year What is MAPCAN cost of producing maple syrup per bottle using a. Variable costing system (7 marks) I b. Absorption costing system (8 marks)
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