Cost and Management AccountingTU Board 2080
A company had the following relevant information: Direct material per unit Rs. 8 Direct labour per unit Rs. 4 Variable manufacturing cost per unit Rs. 5 Variable selling expenses : 5% of sales…
10A company had the following relevant information: Direct material per unit Rs. 8 Direct labour per unit Rs. 4 Variable manufacturing cost per unit Rs. 5 Variable selling expenses : 5% of sales Selling price per unit : Rs. 30 Fixed manufacturing OH per unit : Rs. 5 Fixed administrative and selling expenses Rs. 72,000 Normal capacity : 30,000 units
Year20762077Production units25,00025,000Sales units20,00026,000 Required: a.- Income statement under absorption costing system for year 2077 b.- Profit from variable costing system
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