Reference no: EM133176789
Question - TLC Manufacturing Ltd is considering whether to use marginal or absorption costing to report its budgeted profit in its management accounts.
The following information is available:
Variable Prod Cost - $36 per unit
Fixed Prod - (OAR) $83.75 per unit
Selling price - $170 per unit
Actual fixed production overheads incurred is $200,000 per month.
Sales for the month are expected to be 2,000 units while production units will be 2,500 units.
There is no opening stock.
Fixed selling cost will be $10,000 and also there will be variable selling cost of $9,875 in total.
As the cost Accountant you are required to complete the absorption costing report below to advise management on the estimated profit using absorption costing principles.
Calculate the value of the sale?
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