
Concept Introduction:
Variable cost method is a method of costing which is also termed as direct costing in which all variable
Total cost method is a method of costing in which total cost i.e. fixed cost and variable cost is considered to determine the selling price of a product.
Requirement 1:
We have to determine the selling price per unit by opting variable cost method.
Concept Introduction:
Variable cost method is a method of costing which is also termed as direct costing in which all variable manufacturing costs are allocated to the product during the period.
Total cost method is a method of costing in which total cost i.e. fixed cost and variable cost is considered to determine the selling price of a product.
Requirement 2:
We have to determine the selling price per unit by opting total cost method.

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Chapter 25 Solutions
FUND.ACCT.PRIN.
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