Use the information given below to prepare the Income statement of Kendall Manufacturers for October 2023...

   

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Use the information given below to prepare the Income statement of Kendall Manufacturers for October 2023 using the following methods: 2.1 Marginal costing 2.2 Absorption costing. (10 marks) (10 marks) INFORMATION The following information was provided by Kendall Manufacturers for the only product produced during October 2023: Opening inventory Number of units manufactured ✓ Sales Selling price per unit ✔✔ Variable manufacturing costs per unit Fixed manufacturing overhead cost Variable selling cost per unit Nil 5 000 R4 200 000 R1 000 R425 R325 000 R80 fo Fixed selling cost Fixed administrative cost R175 000 R200 000 Use the information given below to prepare the Income statement of Kendall Manufacturers for October 2023 using the following methods: 2.1 Marginal costing 2.2 Absorption costing. (10 marks) (10 marks) INFORMATION The following information was provided by Kendall Manufacturers for the only product produced during October 2023: Opening inventory Number of units manufactured ✓ Sales Selling price per unit ✔✔ Variable manufacturing costs per unit Fixed manufacturing overhead cost Variable selling cost per unit Nil 5 000 R4 200 000 R1 000 R425 R325 000 R80 fo Fixed selling cost Fixed administrative cost R175 000 R200 000

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To prepare the income statement for Kendall Manufacturers for October 2023 using both marginal costing and absorption costing methods we need to extract the key information provided Opening Inventory ... View the full answer