Solution-How much will profit calculated using absorption

How much will profit calculated using absorption coasting

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A company made 17 500 units at a total cost of N$16 each. Three-quarters of the costs were variable and one-quarter fixed. 15 000 units were sold at N$25 each. There were no opening inventory.

Question 1: By how much will the profit calculated using absorption coasting principles differ form the profit if marginal costing principles had been used?

Select one:

a. The absorption costing profit would be N$10 000 less

b. The absorption costing profit would be N$10 000 greater

c. None of all

d. The absorption costing profit would be N$135 000 greater

e. The absorption costing profit would be N$22 500 less

Reference no: EM132549633

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How much will profit calculated using absorption coasting

Reference no: EM132549633

Reference no: EM132549633

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