X Corp has the following data: produced is 9,000 units and sold 7,000 units. Standard variable product cost is 20 (includes DM of 12 per unit); Standard FOH is 25 per unit and Selling expenses of 80,000. Normal capacity is 10,000 units. Selling price is 80 per unit. What is the income under throughput costing?

Answer rating: 100% (QA)

To calculate the income under throughput costing we need to consider the throughput accounting app... View the full answer