13. Beyoglu Plc. manufactures and sells a single product. the following levels of production and sales...
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13. Beyoglu Plc. manufactures and sells a single product. the following levels of production and sales and costs occurred during the 2022. There is no opening inventory. Production 300 units TRY 40 TRY 60 000 TRY 1000 Company sold 200 units product during the 2022 Unit Variable Cost Total Fixed Cost Sales Price a) Calculate the profit based on absorption costing. (10 marks) b) Calculate the profit based on variable (marginal costing) (10 marks) 13. Beyoglu Plc. manufactures and sells a single product. the following levels of production and sales and costs occurred during the 2022. There is no opening inventory. Production 300 units TRY 40 TRY 60 000 TRY 1000 Company sold 200 units product during the 2022 Unit Variable Cost Total Fixed Cost Sales Price a) Calculate the profit based on absorption costing. (10 marks) b) Calculate the profit based on variable (marginal costing) (10 marks)
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a To calculate the profit using absorption costing we need to calculate the total cost of goods sold ... View the full answer
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