Solution-What would have been the budgeted profit or loss

What would have been the budgeted profit or loss

Reference no: EM133147140

Question - The following data has been extracted from last quarter's budget of Elise Led, which manufactures and sells a single product.

	January	February	March
Production units	6200	6200	5800
Sales units	5900	6000	5500

The variable production cost per unit is E40 and each unit incurs 1 hour and 30 minutes of labour.

Fixed production overhead to be absorbed in each unit has already been calculated and is E20 per labour hour.

In February, Elise Ltd recorded a loss of $4,000 under marginal costing principles.

What would have been the budgeted profit or loss figure in February if Elise Ltd used absorption costing principles instead?

Reference no: EM133147140

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What would have been the budgeted profit or loss

Reference no: EM133147140

Reference no: EM133147140

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