Solution-Create the income statement for the month ended

Create the income statement for the month ended

Assignment Help Managerial Accounting

Reference no: EM132530517

Question 1: Prepare the income statement for the month ended 31 August 2020 using the absorption costing method.

Given Estimated production 5000 units

Estimated sales 4500 units

Variable manufacturing R550

Fixed manufacturing over heads R 300 000

Fixed costs R150 000

Variable Cost per watch Sold R100

Selling price per watch R900

Reference no: EM132530517

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Create the income statement for the month ended : Create the income statement for the month ended 31 August 2020 using the absorption costing method.Given Estimated production 5000 units

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Create the income statement for the month ended

Reference no: EM132530517

Reference no: EM132530517

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