Dakalo Ltd a manufacturer of beauty products, value its inventory using Firstinfirst out FIFO The actual results for the financial year are the following
tableDetailsRSales Revenue,Direct raw materials,Direct labour,Variable manufacturing overheads,Fixed manufacturing overheads,Variable selling cost,Fixed selling cost,Nonmanufacturing cost,
The opening inventory is units, actual production units and sales units.
Budgeted and actual fixed manufacturing overhead amounts were equal.
For this question only assume that:
i Opening inventory is valued at R per unit
ii An absorption costing system is used.
The total gross profit for Dakalo Ltd is:
Select one:
a R
b None of the options
c R
d R
e R
