from the following data prepare statements of cost according to both absorption cost 608733
From the following data, prepare statements of cost according to both absorption costing as well as marginal-costing techniques:
Sales |
6,000 |
Direct material |
2,400 |
Direct labour |
1,600 |
Factory overheads: |
|
Fixed: |
1,200 |
Variable |
400 |
Administrative overheads: |
|
Fixed: |
200 |
Selling overheads: |
|
Fixed: |
400 |
Variable: |
200 |