Question: Leeds Electronics, which has only one product, has provided the following data concerning its most recent month of operations: Selling price R370 Units in

Leeds Electronics, which has only one product, has provided the following data

Leeds Electronics, which has only one product, has provided the following data concerning its most recent month of operations: Selling price R370 Units in beginning inventory 0 Units produced 4,500 Units sold 4,200 Units in ending inventory 300 Variable costs per unit: Direct materials R124 Direct labour 134 Variable manufacturing 11 overhead Variable selling and 15 administrative Fixed costs: Fixed manufacturing overhead R217,500 Fixed selling and administrative 115,200 What is the operating profit for the month under absorption costing if fixed selling and administrative expenses were R130,000?

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