Calculate the predetermined overheads absorption rate per unit based on unit of production. ii) Calculate total production cost per unit.
ANSWER QUESTION 1 AND 2 ONLY
The following information is extracted from Kobena Company’s records for Product A, Period 1; Units produced 18,000 units Units sold (RM27 per unit) 17,200 units Budgeted units 18,000 units Variable production cost per unit RM17 Fixed cost: Fixed production
i) Calculate the predetermined overheads absorption rate per unit based on unit of production.
ii) Calculate total production cost per unit.
iii) The value of closing inventory in Ringgit Malaysia (RM).
iv) Prepare Absorption Costing Statement of
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