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What is the budgeted profit for product b for december

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Reference no: EM132549627

A company has a budget to produce 5 000 units of product B in December. The budget for December shows that for Product B the opening inventory will be 400 units and the closing inventory will be 900 units.

The monthly budgeted production cost data for product B for December is as follows:

Variable direct costs per unit N$6.00

Variable production overhead costs per unit N$3.50

Total fixed production overhead costs N$29 500

The company absorbs overheads on the basis of the budgeted number of units produced. Assume that the absorption costing overhead rate has remained constant.

Question 1: What is the budgeted profit for product B for December, using absorption costing?

Select one:

a. N$2 950 lower than it would be using variable costing

b. N$4 700 greater than it would be using variable costing

c. None of all

d. N$2 950 greater than it would be using variable costing

e. N$4 700 lower than it would be using variable costing

Reference no: EM132549627

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