A company is manufacturing three products X, Y and Z. The following information is supplied...
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Accounting
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- A company is manufacturing three products X, Y and Z. The following information is supplied to:
Products
X Y Z
K K K
Direct Materials 2,500 10,000 1,000
Direct Labour 3,000 3,000 500
Variable Overheads 2,000 5,000 2,500
Sales 10,000 20,000 5,000
Total fixed overhead 3,000
Prepare a production cost statement and determine profit and loss. (10 Marks)
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