A Company makes and sell's ONE product. The Cost card for one unit of the product...
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A Company makes and sell's ONE product. The Cost card for one unit of the product : Direct materials £3 Direct labar £6 Mariable production overhead £2 Fixed production overhead £4 Variable selling Cost £s Sales Price of one unit of product = £21 - Fixed production overheads per unit are based upon budgeted production of 5000 units. Within the latest perioad, fixed archoads were £25,000 - all other costs were as budgeted. Inventy at the start is O. Investing at end of perial in 3.000 unita -3000 units were stil within the period Q1 What is the leard of production in units for the period? Q2. Calculate over/under absorption of frised archands for the posid paried. any A Company makes and sell's ONE product. The Cost card for one unit of the product : Direct materials £3 Direct labar £6 Mariable production overhead £2 Fixed production overhead £4 Variable selling Cost £s Sales Price of one unit of product = £21 - Fixed production overheads per unit are based upon budgeted production of 5000 units. Within the latest perioad, fixed archoads were £25,000 - all other costs were as budgeted. Inventy at the start is O. Investing at end of perial in 3.000 unita -3000 units were stil within the period Q1 What is the leard of production in units for the period? Q2. Calculate over/under absorption of frised archands for the posid paried. any
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