Using the following information for a this company, and calculate the contribution per unit, the...
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Accounting
Using the following information for a this company, and calculate the contribution per unit, the marginal costing statement and the absorption costing statemen?
| Units produced and sold | 7,500 units |
| Sales price per unit | AED145 |
| Direct Materials | AED262,500 |
| Direct Labor | AED360,000 |
| Variable Production Costs | AED75,000 |
| Fixed costs and overheads | AED300,000 |
1) Calculate the contribution per unit
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| Contribution per unit |
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2) Create a marginal costing statement
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| AED | AED |
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| Cost of sales |
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| Contribution |
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| Profit (Loss) |
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3) Create an absorption costing statement
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| AED | AED |
| Revenue |
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