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d**k has prepared a production & sales forecast for the next 2 months, assuming no opening stock at the start of month 1.Month 1:Production = 2500 units; Sales = 2300; Overheads = $90000Month 2:Production = 1700 units; Sales = 1800; Overheads = $60000Sales Price = $90/unitMaterial Price = $16/hourLabour Price = $5/hourLabour Content = 4 hours/unitProduction Cost = $3/houra) Prepare d**k's profit/loss account for months 1 & 2 using marginal and absorption costing principles.b) Reconcile the marginal and costing results at (a) above. You can send the answer to my email address at:josieyuen@hotmail.com.
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