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MACan someone help with this question? [ Actual contribution]

Sshuaib4y ago
A company uses standard marginal costing to monitor its performance in a period actual profit was $142,000. Budgeted fixed overheads were $50,000 and the fixed overhead expenditure variance was $3,000 adverse. What was the actual contribution in the period i got 195000 by doing using this actual contribution - X less budgeted fixed overhead - (50000) fixed overhead expenditure - (3000) actual profit- 142000 but the textbook got 145000 as an answer, i dont know what i am doing wrong, can someone plz help
John MoffatJohn MoffatTutor4y ago#1
Assuming that you have copied the question correctly, then the answer is indeed $195,000 (and not $145,000!!).
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