Abeka Bakery Company had opening inventory of 14,800 units and closing inventory of 17,500 units. Profits based
Question:
Abeka Bakery Company had opening inventory of 14,800 units and closing inventory of 17,500 units.
Profits based on marginal costing were £315,250 while overhead absorption rate was £5.20 unit. What is the profit using absorption costing?
a. £224,250
b. £238,290
c. £329,290
d. £301,210
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Horngrens Cost Accounting A Managerial Emphasis
ISBN: 9780135628478
17th Edition
Authors: Srikant M. Datar, Madhav V. Rajan
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