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Prepare income statement using marginal method

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Reference no: EM132617316

BoyTox Company sells its product for RM66 each. The current production level is 25,000 units, although only 20,000 units are anticipated to be sold.

Variable cost per unit:

Direct material RM12.00

Direct labour RM18.00

Variable production overhead RM9.00

Selling and administrative expenses RM6.00

Additional information:

Fixed production overhead RM180,000

Fixed selling and administrative expenses RM60,000

Required:

Problem 1: Prepare income statement using marginal and absorption method.

Reference no: EM132617316

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