A company is producing a good, which has the following production expenses: Direct material expenses:TL...
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Accounting
A company is producing a good, which has the following production expenses:
Direct material expenses:TL 50,000
Direct labor expenses:TL 30,000
General production expenses:
Variable:TL 20,000
Fixed:TL 15,000
The production capacity of the company is 12,000 units. The number of units produced in the period is 8,000 units. What is the total cost of the produced goods? (Hint: use normal costing method according to IAS 2 Inventories standard.) (Please show your calculation only)
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