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ERIC

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Active 8 years ago
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  • August 6, 2015 at 3:23 pm #265897
    mysteryERIC
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    25,000 units of a company’s single product are produced in a period during which 28,000 units are sold. Opening
    inventory was 7,000 units. Unit costs of the product are:
    $ per unit
    Direct costs 16·20
    Fixed production overhead 7·60
    Fixed non-production overhead 2·90
    What is the difference in profit between absorption and marginal costing?

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