90.2K

Verified Solution

Link Copied!

Please help me

Russa Sdn Bhd (RSB) is a manufacturer of pottery vases. The vase is sold with a price of RM50 per unit. The company uses the absorption costing method in calculating the cost per unit of vase produced. However, parties the company plans to change the absorption costing method to marginal costing. Therefore, you are required to help the company show the difference between absorption costing and marginal costing. Here is the information provided (a). Calculate the ending stock (in RM) using the method: i. Absorption costing i. Marginal costing (b). Calculate the total net profit between the absorption costing method and marginal costing. Russa Sdn Bhd (RSB) is a manufacturer of pottery vases. The vase is sold with a price of RM50 per unit. The company uses the absorption costing method in calculating the cost per unit of vase produced. However, parties the company plans to change the absorption costing method to marginal costing. Therefore, you are required to help the company show the difference between absorption costing and marginal costing. Here is the information provided (a). Calculate the ending stock (in RM) using the method: i. Absorption costing i. Marginal costing (b). Calculate the total net profit between the absorption costing method and marginal costing

Answer & Explanation Solved by verified expert

See Answer