[tayacca]

Thanks Mr Moffat it does make sense now..
Thanks for responding.
Kind regards

[tayacca]

Thank you Mr Moffat.

[tayacca]

Thanks John.

Here is the question please taken from First Intuition book.
Standard cost for producing one unit
Direct Material 3.60
Direct Labour 0.60
Variable O/H 0.30
Standard selling price 9.00
Sales of 4600 units are budgeted each period. In the last period 4620 units were sold for 41,500.
Answer is 90 Fav

I guess as there is no Fix O/H given in standard cost card hence the use of Marginal costing principle?

Many Thanks

[tayacca]

Thank you Mr Moffat. Have a good day ahead

[tayacca]

Many Thanks Sir. I will definitely go though all the lectures.

[tayacca]

Many Thanks for your response Sir.

[tayacca]

Thanks Sir Moffat. Thanks for taking time and answering.

Much Appreciated.

[tayacca]

JazakAllah Thanks bro.

[tayacca]

FFA not FSA typo error

[tayacca]

Many Thanks for your input sir!

[tayacca]

Thanks guys much appreciated. Just posted this in tutor forum.

[Author]

Posts