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QUIRED e the information given below to prepare the Income statement of Kendall Manufacturers for October 2023 ng the following methods: Marginal costing : Absorption costing. FORMATION e following information was provided by Kendall Manufacturers for the only product produced during tober 2023: ening inventory mber of units manufactured les lling price per unit riable manufacturing costs per unit ed manufacturing overhead cost riable selling cost per unit ed selling cost ed administrative cost Nil 5 000 R4 200 000 R1 000 R425 R325 000 R80 R175 000 R200 000

QUIRED e the information given below to prepare the Income statement of Kendall Manufacturers for October 2023 ng the following methods: Marginal costing : Absorption costing. FORMATION e following information was provided by Kendall Manufacturers for the only product produced during tober 2023: ening inventory mber of units manufactured les lling price per unit riable manufacturing costs per unit ed manufacturing overhead cost riable selling cost per unit ed selling cost ed administrative cost Nil 5 000 R4 200 000 R1 000 R425 R325 000 R80 R175 000 R200 000

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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REQUIRED Use the information given below to prepare the Income statement of Kendall Manufacturers for October 2023 using the following methods: 2.1 Marginal costing 2.2 Absorption costing. INFORMATION The following information was provided by Kendall Manufacturers for the only product produced during October 2023: Opening inventory Number of units manufactured Sales Selling price per unit Variable manufacturing costs per unit Fixed manufacturing overhead cost Variable selling cost per unit Fixed selling cost Fixed administrative cost Nil 5 000 R4 200 000 R1 000 R425 R325 000 R80 R175 000 R200 000
Transcribed Image Text:REQUIRED Use the information given below to prepare the Income statement of Kendall Manufacturers for October 2023 using the following methods: 2.1 Marginal costing 2.2 Absorption costing. INFORMATION The following information was provided by Kendall Manufacturers for the only product produced during October 2023: Opening inventory Number of units manufactured Sales Selling price per unit Variable manufacturing costs per unit Fixed manufacturing overhead cost Variable selling cost per unit Fixed selling cost Fixed administrative cost Nil 5 000 R4 200 000 R1 000 R425 R325 000 R80 R175 000 R200 000
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