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Cost and selling price details for product Z are as follows.
Direct materials ? 10.0
Direct labour ? 11.5
Variable overhead ? 6.5
Fixed overhead absorption rate ? 9.0Profit ? 13.0
Selling price ? 34.0Budgeted production for the month was 5800 units although the company managed to produce 6600 units, selling 6000 of them and incurring fixed overhead costs of 28200
Question 2 What was the marginal costing profit for he month?
Question 3 What was the absorption costing profit for the month?Please can you give your posts an appropriate title “help” is not helpful to your fellow students looking for posts on a particular topic that might answer their question.
The topics of marginal and absorption costing are covered in chapters 9 & 10 of the MA notes https://opentuition.com/acca/ma/ and you can access the lectures here https://opentuition.com/acca/ma/acca-management-accounting-ma-lectures/
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