Q#3 in the following September HASF continued its operations results follows ...
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Accounting
Q#3 in the following September HASF continued its operations results follows
Production 10,000 units
Sales @ 110 Each 1,100,000 RS
Variable production cost 50 per unit
Per unit fixed factory overhead 60 per unit
Variable selling and administrative exp 20 per unit
Per unit Fixed selling and administrative expense 50
Required
Prepare income statement using standard absorption and variable costing
Q#3 in the following September HASF continued its operations results follows
Production 10,000 units
Sales @ 110 Each 1,100,000 RS
Variable production cost 50 per unit
Per unit fixed factory overhead 60 per unit
Variable selling and administrative exp 20 per unit
Per unit Fixed selling and administrative expense 50
Required
Prepare income statement using standard absorption and variable costing
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