INFORMATION The following information was extracted from the accounting records of Alpha Enterprises for the month ended
Posted: Wed Jul 06, 2022 6:25 pm
INFORMATION The following information was extracted from theaccounting records of Alpha Enterprises for the month ended 31March 2022:
Sales 3 200 units. Selling price per unit R100 . Finishedproducts on 01 March 2022 400 units. Products manufactured duringthe month 3 600 units. Variable manufacturing costs per unit R26.Variable selling and administrative costs per unit sold R12. Fixedmanufacturing costs R25 200. Fixed selling and administrative costsR12 400.
Additional information The variable manufacturing cost per unitand total manufacturing cost per unit of the finished goods on 01March 2022 was R21.60 and R26.20 respectively.
Use the information given to prepare the Income Statementfor March 2022 according to the absorption costing method.
Sales 3 200 units. Selling price per unit R100 . Finishedproducts on 01 March 2022 400 units. Products manufactured duringthe month 3 600 units. Variable manufacturing costs per unit R26.Variable selling and administrative costs per unit sold R12. Fixedmanufacturing costs R25 200. Fixed selling and administrative costsR12 400.
Additional information The variable manufacturing cost per unitand total manufacturing cost per unit of the finished goods on 01March 2022 was R21.60 and R26.20 respectively.
Use the information given to prepare the Income Statementfor March 2022 according to the absorption costing method.