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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA MA – FIA FMA › marginal costing
A company uses standard marginal costing. last month the budgeted contribution was $20,000 and the only variances that occurred were as follows:
sales price – $3000 adverse
sales volume contribution – $5000 favourable
fixed overhead expenditure -$1000 adverse
what was the actual contribution last month?
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