last month a company's profit was $2000, calculated using absorption costing principles. if marginal costing principles has been used, a loss of $3000 would have occured. the company's fixed production cost is $2 per unit. sales last month were 10000 units. what was last month's production (in units)

last month a company's profit was $2000, calculated using absorption costing principles. if marginal costing principles has been used, a loss of $3000 would have occured. the company's fixed production cost is $2 per unit. sales last month were 10000 units. what was last month's production (in units)

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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