Entity A calculates its fixed general production expenses based on the normal capacity level and assigns it
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Question:
Entity A calculates its fixed general production expenses based on the normal capacity level and assigns it to the production costs. With a monthly production capacity of 15 tons, the enterprise produced 12 tons in January and 3 tons in February. Sales are 6 tons in both months. of the firm; product unit sales price is 120.000TL, unit variable production cost is 40.000TL, unit variable period expense is 5.000TL, total fixed general production cost is 240.000TL, total fixed period expense is 560.000TL. Calculate the profit amount for January and February in line with the method used by the business.
Related Book For
Management Accounting
ISBN: 978-0132570848
6th Canadian edition
Authors: Charles T. Horngren, Gary L. Sundem, William O. Stratton, Phillip Beaulieu
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