Marginal Absorption costing exercises (3) (Protected View) - Word (Unlicensed Product) Brenda ut References Mailings Review View Help Tell me what you want to do e Internet can contain viruses. Unless you need to edit, it's safer to stay in Protected View. Enable Editing Word have been disabled because it hasn't been activated. Activate Question 1 Stock, production and sales data for the single product of industrial detergents Itd are given in the following. Period 1 Period 2 Period 3 Period 4 Production(Litres) 60,000 70,000 55,000 65,000 Sales(Litres) 60,000 55,000 65,000 70,000 Opening stock (Litres) 15,000 5,000 Closing stock (Litres) 15,000 5,000 The financial data for an activity level of 60 000 litres per period are as follows Cost per litre(Shs) Direct material 2.5 Direct labour 3 I production overheads=200% of direct labour 6 Total cost per litre 11.5 Selling price per litre 18 Administrative overheads are fixed at shs 100 000 per period and half of the production overheads are fixed From the above information, prepare operating statement on marginal & absorption costing principles Search W X DIE FS FO FB FO F10 F11 S & 5 6 E R T Y U O D F G H J K L