Question: tITYear 2 P- x | 125% REQUIRED Use the information given below to prepare the Income statement for April 2018 according to the absorption costing

 tITYear 2 P- x | 125% REQUIRED Use the information given

below to prepare the Income statement for April 2018 according to the

tITYear 2 P- x | 125% REQUIRED Use the information given below to prepare the Income statement for April 2018 according to the absorption costing method. (12 INFORMATION The following information was extracted from the accounting records of Stefano Enterprises for th months ended 31 March and 30 April 2018 31 March 2018 Units 4 600 437 000 95 Sales for the month Selling price per unit Production for the month Finished goods at beginning of month Variable manufacturing costs per unit Variable selling and administrative costs per unit sold Fixed manufacturing costs Fixed selling and administrative costs 5 000 Nil 13 18 000 12 000 30 Anril 2018

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