Stock, production and sales data for Industrial Detergents Ltd. are given below: The company has a single

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Stock, production and sales data for Industrial Detergents Ltd. are given below: 

The company has a single product, for which the financial data, based on an activity level of 60,000 litres per period, are as follows: 

Administrative overheads are fixed at Rs. 1,00,000 per period and half of the production overheads are fixed. From the above information prepare operating statements on marginal and absorption costing principles.

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Related Book For  answer-question

Cost Accounting

ISBN: 9780070221628

4th Edition

Authors: Jawahar Lal, Seema Srivastava

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