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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

Contribution per unit

2) Create a marginal costing statement

AED

AED

Revenue

Cost of sales

Contribution

Profit (Loss)

3) Create an absorption costing statement

AED

AED

Revenue

Cost of sales

Profit (Loss)

Answer & Explanation Solved by verified expert
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