Question: 3. Leeds Electronics, which has only one product, has provided the following data concerning its most recent month of operations: Selling price R370 0 Units

 3. Leeds Electronics, which has only one product, has provided the

3. Leeds Electronics, which has only one product, has provided the following data concerning its most recent month of operations: Selling price R370 0 Units in beginning inventory Units produced Units sold Units in ending inventory 4,500 4,200 300 R124 134 Variable costs per unit: Direct materials Direct labour Variable manufacturing overhead Variable selling and administrative 15 Fixed costs: Fixed manufacturing overhead R217,500 Fixed selling and 115,200 administrative What is the operating profit for the month under absorption costing if fixed selling and administrative expenses were R130,000

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