Lintang Bistari manufactures and sells tablets and uses standard costing.

For the month of September 2020 there was no beginning inventory, there were

3,000 units produced and 2,500 units sold. The manufacturing variable cost per unit

is RM385 and the variable operating cost per unit was RM312.50. The fixed

manufacturing cost is RM450,000 and the fixed operating cost is RM75,000. The

selling price per unit is RM925.

Required:

Prepare the income statement for Lintang Bistari for September 2020 under variable

costing.

Answer rating: 100% (QA)

To prepare the income statement for Lintang Bistari for September 2020 under variable costing we nee... View the full answer