(Solved by Humans)-Z Limited manufactures a single product, the budgeted selling price and variable cost details of...
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Z Limited manufactures a single product, the budgeted selling price and variable cost details of which are as follows; (£) Selling price 15.00 Variable costs per unit: Direct materials 3.50 Direct labour 4.00 Variable overhead 2.00 Budgeted fixed overhead costs are £60 000 per annum, charged at a constant rate each month. Budgeted production is 30 000 units per annum. In a month when actual production was 2400 units and exceeded sales by 180 units the profit reported under absorption costing was A £6660 B £7570 C £7770 D £ 8200 E £8400
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This question was answered on: 10 May, 2025
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