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Cost and selling price for Product Z are as follows:- Direct materials Direct labour Variable overhead Fixed overhead absorption rate RM per unit 6.00

Cost and selling price for Product Z are as follows:- Direct materials Direct labour Variable overhead Fixed overhead absorption rate RM per unit 6.00 7.50 2.50 5.00 21.00 9.00 30.00 Profit Selling price Budgeted production for the month was 5,000 units although the company managed to produce 5,800 units, selling 5.200 of them and incurring fixed overhead costs of RM27.400. Question 1: What is the marginal costing profit for the month? Question 2: What is the absorption costing profit for the month?

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