Question: Exe Limited makes a single product whose total cost per unit is budgeted to be $ 45. This includes fixed cost of $ 8 per

Exe Limited makes a single product whose total cost per unit is budgeted to be $ 45. This includes fixed cost of $ 8 per unit based on a volume of 10,000 units per period. In a period, sales volume was 9,000 units, and production volume was 11,500 units. The actual profit for the same period, calculated using absorption costing, was $ 42,000. If the profit statement were prepared using marginal costing, identify the profit for the period:

$ 10,000.$ 22,000.$ 50,000.$ 62,000.

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