[chickwa]

I got 61% on the mock exam on open tuition and i got the same 61% on the real exam. yeah me!

[chickwa]

Profit using Absorption costing is $47500 because inventory increase by 200 then absorption profit would be higher. To calculate marginal costing profit you must reduce the absorption profit by the increase amount. 200×12 = 2400

absorption profit 47500
less increase inventory value (2400)
____________
= Marginal profit 45,100.00

If inventory decrease you would do the reverse

[chickwa]

64

[chickwa]

Self study 64% who could it be but Jesus my Lord, I am so happy one more paper to go

[chickwa]

Not a bad paper just forget what some of the business terms stand for

[chickwa]

first I must that the Lord Jesus Christ for allowing me to pass this exam, THANK YOU LORD JESUS! 57%

[chickwa]

Neither easy nor hard just time factor

[chickwa]

Fail by 4 marks so dissapointed

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