Blogs on Assignments, Essays and Dissertations

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Income Statement under Marginal Costing and Absorption Costing

The following data has been extracted from the operating records of HPPT Solution Sdn Bhd for the last two quarters of the year to 31 December 2020: Quarter 3 Production units 7,000 Sales units 5,500 RM Selling price per unit 100 Variable manufacturing cost per unit: Direct material cost 20 Direct labor cost 15 Variable overheads 10 Fixed production overheads are budgeted at RM120,000 for […]

Posted: September 16, 2022
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