Budgeted production for the month was 5,000 units although the company managed to produce 5,800 units, selling
Question:
Budgeted production for the month was 5,000 units although the company managed to produce 5,800 units, selling 5,200 of them and incurring fixed overhead costs of £27,400 while selling price £75. What is the operating margin using marginal costing if contribution margin ratio is 40%?
a. £128,600
b. £183,400
c. £146,600
d. None of the above
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Horngrens Cost Accounting A Managerial Emphasis
ISBN: 9780135628478
17th Edition
Authors: Srikant M. Datar, Madhav V. Rajan
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