Question
When opening stocks were 8,500 were 8,500 litres and closing stocks 6,750 litres, affirm had a profit of Ksh.62,100 using marginal costing. Assuming that the
When opening stocks were 8,500 were 8,500 litres and closing stocks 6,750 litres, affirm had a profit of Ksh.62,100 using marginal costing.
Assuming that the fixed overhead absorption rate was Ksh.3 per litre, what would be the profit using absorption costing?
Ksh.41,850
Ksh.56,850
Ksh.67,350
Ksh.82,350
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Payroll Accounting 2017
Authors: Jeanette Landin, Paulette Schirmer
3rd edition
1259572188, 1259572180, 1259742512, 9781259742514, 978-1259572180
