The examiner asks for an operating statement for one week, so why does not he divide the overheads by 52 in the suggested answer? I believe the overheads given are for one year.
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This is Dececmber 2001 Question
16y ago#2Just above the table of information, the question says "fixed and variable costs are for a complete week".
So there is no need to divide by 52.
So there is no need to divide by 52.
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