In the following September HASF continued the results of its operations as follows: Production 10,000 units Sales
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Question:
In the following September HASF continued the results of its operations as follows:
Production 10,000 units
Sales @ 110 Each 1,100,000 RS
Variable production cost 50 per unit
Per unit fixed factory overhead 60 per unit
Variable selling and administrative exp 20 per unit
Per unit Fixed selling and administrative expense 50
Required
Prepare an income statement using standard absorption and variable costing?
Related Book For
Fundamental accounting principle
ISBN: 978-0078025587
21st edition
Authors: John J. Wild, Ken W. Shaw, Barbara Chiappetta
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