Thank you so much for taking out time to explain further… However, i don’t understand how the 2/3 is arrived at. From 1st March till 30th June seems four months. My emphasis is on the 2/3.
Your lecture on (F5 ACCA)Absorption costing. Chapter one. where you have the example on Hensau Ltd. Hensau Ltd has a single production process for which the following overheads have been estimated for the period ending 31st December 2014