Question
With reference to the information given above, complete the following: Mabotsanas Limiteds absorption costing net income for October 2019 would be ______________ variable costing net
With reference to the information given above, complete the following: Mabotsanas Limiteds absorption costing net income for October 2019 would be ______________ variable costing net income. (2)
a. R150 000 greater than
b. R150 000 less than
c. R240 000 less than
d. R240 000 greater than
The following information relates to questions 4 and 5: The following information was taken from the production records of Mabotsana Limited for October 2019: Opening inventory 1 000 units Closing inventory 6 000 units Direct labour cost per unit R40 Direct material cost per unit R20 Variable manufacturing overhead costs per unit R10 Fixed manufacturing overhead costs per unit R30 Variable selling and administrative costs per unit R6 Fixed selling and administrative costs per unit R14
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started