Fruitjuice Ltd began operations at the beginning of May. It has just one product, a sparkling orange

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Fruitjuice Ltd began operations at the beginning of May. It has just one product, a sparkling orange drink that is marketed as ‘Orange Fizz’. During May the business produced 7,300 litres of the drink. The manufacturing cost incurred was made up as follows:

Ingredients (oranges, sugar, water and so on) Fuel Rent of factory accommodation Depreciation of equipment

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