A Khang Ltd manufactures digital photo albums. The following information is available for the year ending 31 December 2018. Required:
A Khang Ltd manufactures digital photo albums. The following information is available for the year ending 31 December 2018.
Required: (a) Prepare the statement of profit or loss for Khang Ltd for the year ending 31 December 2018 using:
(i) Absorption costing (ii) Marginal costing (b) Provide a reconciliation of the two profit (or loss) amounts in (a) above. (c) Calculate the contribution earned at this level of output and sales.
Transcribed Image Text:
Selling price per unit
Direct labour cost per unit
Direct material cost per unit
Variable selling and administration per unit
Fixed selling and administration costs
Variable manufacturing overhead per unit
Fixed manufacturing costs
a Statement of Profit or Loss for the Year Ending 31 December 2018 i Absorption Costing Particulars …View the full answer
Ma Kristhia Mae Fuerte
I have extensive tutoring experience, having worked as a private tutor for over three years. I have tutored students from different academic levels, including high school, undergraduate, and graduate levels. My tutoring experience has taught me to be patient, attentive to student needs, and effective in communicating difficult concepts in simple terms.
I have a strong background in statistics, probability theory, data analysis, and data visualization. I am proficient in using statistical software such as R, Python, and SPSS, which are commonly used in academic research and data analysis. Additionally, I have excellent communication and interpersonal skills, which enable me to establish rapport with students, understand their learning styles, and adapt my teaching approach to meet their needs.
I am passionate about teaching and helping students achieve their academic goals.