) 85 A. State two differences between absorption and marginal costing techniques. B. The following...
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Accounting
) 85 A. State two differences between absorption and marginal costing techniques. B. The following data have been extracted from the budget and standard costs of Emma Ltd, a company which manufactures and sells a single product. GHC per unit Selling Price 25 Direct Material cost 10 Direct wages cost 4 Variable overhead cost 2.5 Fixed production overhead costs are budgeted at GHC400,000 per annum. Normal Production levels are thought to be 320,000 units per annum. Budgets selling and distribution costs are as follows: Variable GHC1.50 per unit sold Fixed GHC80,000 per annum
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