Following September HASF continued its operations results follows  Production                                                                      10,000 units  Sales@110Each                                                                 1,100,000RS Variable production cost 50perunit                                                                       Fixed production cost                                                                           400,000 RS Variable selling and administrative exp 10 per unit Fixed selling and administrative exp                                                   30,000 RS   Required Compute operating profit if we use Marginal costing  Compute operating profit if we use Absorption costing  Compute gross profit if we use Absorption costing  Compute gross profit if we use Marginal costing

Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter6: Activity-based, Variable, And Absorption Costing
Section: Chapter Questions
Problem 13PA: Grainger Company produces only one product and sells that product for $100 per unit. Cost...
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Following September HASF continued its operations results follows 

Production                                                                      10,000 units 

Sales@110Each                                                                 1,100,000RS

Variable production cost 50perunit                                                                      

Fixed production cost                                                                           400,000 RS

Variable selling and administrative exp 10 per unit

Fixed selling and administrative exp                                                   30,000 RS

 

Required

Compute operating profit if we use Marginal costing 

Compute operating profit if we use Absorption costing 

Compute gross profit if we use Absorption costing 

Compute gross profit if we use Marginal costing 

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