Introduction to Accounting Assignment (my own reference is HTM: the writer can ignore this)

Introduction to Accounting Assignment (my own reference is HTM: the writer can ignore this) Essay example
Masters
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Finance & Accounting
Pages 7 (1757 words)
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Name……………………………………………………………………………………….……….xxxxxx Institution…………………………………………………………………………………………….xxxxxx Course…………………………………………………………………………………………………xxxxx Professor………………………………………………………………………………………………

Introduction

Marginal cost statement on the product on a ‘per unit’ and 12 months sales/production basis Marginal cost statement ? January Number of units sold 12 months 26,824 2,000 selling price per unit @ ? 2.50 67,060 5,000 Less:     Direct labor @ 0.5 (13,412) (1,000) Direct materials @ 0.2 (5,365) (400) variable manufacturing costs @ 0.3 (2,682) (200) contribution margin 45,601 3,400       Less:     selling and distribution costs @ 0.1 (2,682) (200) Factory overheads (6,000) (500) Net Profit 36,919 2,700 3. ...
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