Calculate Variable costing and Full Costing for the three years data following?

Basic Data

Selling price per unit sold……………………………………………………Rs. 25

Variable Manufacturing cost per unit produced………………………………Rs10

Fixed Manufacturing cost Per Year…………………………………….Rs.300,000

Variable selling and admin exp. Per unit sold…………………………………Rs.1

Fixed selling and admin exp. Per Year………………………………….Rs.200,000

 

                                                                                       Year 1                   Year 2                      Year 3

Units in Beginning inventory……………………………..      0                           0                                ?

Units in ending Inventory…………………………………            0                          ?                              0  

Units produced use your arid no last four digits and multiply by 10 for year 1, units produced for year 2 use your arid no last four digits 1.25 times and multiply by 10 and for year 3 units produced use your arid no last four digits 0.75 times and multiply by 10.

Units sold for year all three year use your arid no last four digits and multiply by 10. 

Answer rating: 100% (QA)

Assume the last 4 digits of Arid No as 3966 Variable cost per unit Manufacturing Variable Manufacturing Cost Rs 10 Variable selling and administrative ... View the full answer