Compute gross profit if we use Marginal costing. Compute operating profit if we use Marginal costing. Compute operating profit if we use Absorption costing.
Following September HASF continued its operations results follows:
Production 10,000 units
Sales @ 110 Each 1,100,000
Variable production cost 50 per unit 500,000
Fixed production cost 400,000
Variable selling and administrative exp 10 per unit 100,000
Fixed selling and administrative exp 30,000
Required:
Compute gross profit if we use Marginal costing.
Compute operating profit if we use Marginal costing.
Compute operating profit if we use Absorption costing.
Compute gross profit if we use Absorption costing.
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