Cost and selling price details for product Z are as follows.
Direct materials ? 10.0 Direct labour ? 11.5 Variable overhead ? 6.5 Fixed overhead absorption rate ? 9.0
Profit ? 13.0 Selling price ? 34.0
Budgeted production for the month was 5800 units although the company managed to produce 6600 units, selling 6000 of them and incurring fixed overhead costs of 28200
Question 2 What was the marginal costing profit for he month? Question 3 What was the absorption costing profit for the month?
Please can you give your posts an appropriate title “help” is not helpful to your fellow students looking for posts on a particular topic that might answer their question.