Please help me Russa Sdn Bhd (RSB) is a manufacturer of pottery vases....
80.2K
Verified Solution
Link Copied!
Question
Accounting
Please help me
Russa Sdn Bhd (RSB) is a manufacturer of pottery vases. The vase is sold with a price of RM50 per unit. The company uses the absorption costing method in calculating the cost per unit of vase produced. However, parties the company plans to change the absorption costing method to marginal costing. Therefore, you are required to help the company show the difference between absorption costing and marginal costing. Here is the information provided (a). Calculate the ending stock (in RM) using the method: i. Absorption costing i. Marginal costing (b). Calculate the total net profit between the absorption costing method and marginal costing. Russa Sdn Bhd (RSB) is a manufacturer of pottery vases. The vase is sold with a price of RM50 per unit. The company uses the absorption costing method in calculating the cost per unit of vase produced. However, parties the company plans to change the absorption costing method to marginal costing. Therefore, you are required to help the company show the difference between absorption costing and marginal costing. Here is the information provided (a). Calculate the ending stock (in RM) using the method: i. Absorption costing i. Marginal costing (b). Calculate the total net profit between the absorption costing method and marginal costing
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!
