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MANAGEMENT ACCOUNTING (ABSORPTION COSTING AND VARIABLE COSTING)   Bestman Co. had an opening stock of 13,200 units and a closing stock of 28,200 units in a period. The variable costing income reported was RM100,800 and the reported income under absorption costing was RM 120,300. Required: Based on the information, determine the fixed overheads absorption rate per unit.

MANAGEMENT ACCOUNTING (ABSORPTION COSTING AND VARIABLE COSTING)   Bestman Co. had an opening stock of 13,200 units and a closing stock of 28,200 units in a period. The variable costing income reported was RM100,800 and the reported income under absorption costing was RM 120,300. Required: Based on the information, determine the fixed overheads absorption rate per unit.

FINANCIAL ACCOUNTING
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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MANAGEMENT ACCOUNTING (ABSORPTION COSTING AND VARIABLE COSTING)
 
Bestman Co. had an opening stock of 13,200 units and a closing stock of 28,200 units in a
period. The variable costing income reported was RM100,800 and the reported income under
absorption costing was RM 120,300.
Required:
Based on the information, determine the fixed overheads absorption rate per unit.
 
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