Question: 3. Using your answer to requirement 2 above, calculate the profit for June 2014 using: (a)margina| costing; (b) absorption costing. The Managing Director of MN


3. Using your answer to requirement 2 above, calculate the profit for June 2014 using: (a)margina| costing; (b) absorption costing. The Managing Director of MN Limited is concerned about the effect on cashflow caused by the scarcity of material Q during June 2014. She is aware that monthly profit and cashflow are often unequal and has heard that marginal costing profits more closely resemble cashflow than do absorption costing profits
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