The following data is provided by A Ltd. for the year ended 31 st March,2022: Manufacturing Overheads
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Question:
The following data is provided by A Ltd. for the year ended 31st March,2022:
Manufacturing Overheads | |
Actual | 8,50,000 |
Applied | 7,50,000 |
Work in progress | 2,40,000 |
Finished goods | 4,80,000 |
Cost of goods sold | 16,80,000 |
Find out the impact of the unabsorbed overheads on the profit made by the company under:
- Absorption costing method
- Variable costing method
Related Book For
Cost Accounting A Managerial Emphasis
ISBN: 978-0136126638
13th Edition
Authors: Charles T. Horngren, Srikant M.Dater, George Foster, Madhav
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