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A company which manufactures and sells a single product has the following sales and production data for the periods:
production 2200 units
sales 2000 units
contribution per unit are $5
fixed overheads per unit $10
what is the value of absorption and marginal costing profits for the business?This cannot be answered as it stands because the fixed overhead per unit of $10 depends on budgeted production, which hasn’t been given.
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