Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. ) 85 a. state two differences between absorption a

) 85 A. State two differences between absorption and marginal costing techniques. B. The following...

70.2K

Verified Solution

Question

Accounting

) 85 A. State two differences between absorption and marginal costing techniques. B. The following data have been extracted from the budget and standard costs of Emma Ltd, a company which manufactures and sells a single product. GHC per unit Selling Price 25 Direct Material cost 10 Direct wages cost 4 Variable overhead cost 2.5 Fixed production overhead costs are budgeted at GHC400,000 per annum. Normal Production levels are thought to be 320,000 units per annum. Budgets selling and distribution costs are as follows: Variable GHC1.50 per unit sold Fixed GHC80,000 per annum

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

Directions: Calculate Depreciation Expense for each of 3 yearsusing 3 different methods using the...

Accounting
Q

Find the absolute maximum and absolute minimum values of f on the given interval. f(x) = x3...

Basic Math
Q

A professor takes a random sample of 25 students and administers a test with questions increasing...

Statistics
Q

Exercise 14-4 Algo Consider the following competing hypotheses: H0: ?xy ? 0 HA: ?xy < 0...

Basic Math
Q

this cell line significant to research on infectious diseases O HeLa cells provide an unlimited...

Biology
Q

Circles Solve for x 11 19 8 9 X

Geometry
Q

the chart to answer the following questions in decimals format to the nearest 100th 1...

Algebra
Q

Find the exact real solutions to the equation if they exist Enter your answers as...

Algebra
Q

Leonard Corporation reports the following information for the year 2019: Correction of overstatement of depreciation...

Accounting
Q

Determining Cost of Goods Sold For a recent year, TechMart reported sales of $29,190 million....

Accounting
Q

What communication platforms would you recommend to communicate financial information appropriately to internal and external...

Accounting
Q

Summary balance sheet data for Mr. Green Tea is shown below (in thousands of dollars)....

Finance