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Budgeted production: 75,000 units Budgeted sales: 72,500 units Budgeted...

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Accounting

Budgeted production: 75,000 units
Budgeted sales: 72,500 units
Budgeted fixed production cost: $750,000
Budgeted fixed selling overheads: $562,500
Actual production: 80,000 units
Actual sales: 77,500 units
Actual fixed production cost: $781,250
Actual fixed selling overheads: $562,500
Selling price per unit: $450
Opening stock on Jan 1,2021: 4,375 units valued at $262,500. reconcile the income under both marginal and absortion costing. break even point

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