QUESTION 7The following cost details relate to one unit of product C.£ per unit23.5220.88Variable materialsVariable labourProduction overheadsVariableFixedSelling and distribution overheadsVanableFixed3.2422.4617.988.1696.24Total costIn a marginal costing system what will the value of a closing inventory of 3.400 units of C be?Oa f161,976Ob£223,107Oc £238.339Od £327,216

The variable costs are only costs that are considered under the marginal costing unlike the…

QUESTION 7 The following cost detais relate to one unit of product C. per unit 23.52 20.88 Variable materials Vanable labour Production overfheads Variable Fixed Selling and distribution overheads Variable Fixed 3.24 22 46 17.98 8.16 96 24 Total cost Ina marginal costing system what will the value of a dlosing inventory of 3.400 unics of Cbe Oaf161,976 Ob223,107 Oc £238.339 Od E327,216

QUESTION 7 The following cost detais relate to one unit of product C. per unit 23.52 20.88 Variable materials Vanable labour Production overfheads Variable Fixed Selling and distribution overheads Variable Fixed 3.24 22 46 17.98 8.16 96 24 Total cost Ina marginal costing system what will the value of a dlosing inventory of 3.400 unics of Cbe Oaf161,976 Ob223,107 Oc £238.339 Od E327,216

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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