MANAGEMENT ACCOUNTING (ABSORPTION COSTING AND VARIABLE COSTING) Bestman Co. had an opening stock of 13,200 units and a closing stock of 28,200 units in a period. The variable costing income reported was RM100,800 and the reported income under absorption costing was RM 120,300. Required: Based on the information, determine the fixed overheads absorption rate per unit.
MANAGEMENT ACCOUNTING (ABSORPTION COSTING AND VARIABLE COSTING) Bestman Co. had an opening stock of 13,200 units and a closing stock of 28,200 units in a period. The variable costing income reported was RM100,800 and the reported income under absorption costing was RM 120,300. Required: Based on the information, determine the fixed overheads absorption rate per unit.
Managerial Accounting
15th Edition
ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
Publisher:Carl Warren, Ph.d. Cma William B. Tayler
Chapter7: Variable Costing For Management
analysis
Section: Chapter Questions
Problem 2BE
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Question
Bestman Co. had an opening stock of 13,200 units and a closing stock of 28,200 units in a
period. The variable costing income reported was RM100,800 and the reported income under
absorption costing was RM 120,300.
Required:
Based on the information, determine the fixed overheads absorption rate per unit.
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