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Discuss what would be the profit using absorption costing

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Reference no: EM131822822

When opening stocks were 8,500 were 8,500 litres and closing stocks 6,750 litres, affirm had a profit of Ksh.62,100 using marginal costing.

Assuming that the fixed overhead absorption rate was Ksh.3 per liter, what would be the profit using absorption costing?

Reference no: EM131822822

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