Question

The following data relate to ABC company :
Output and sales 40,000 units, sales price per unit Rs. 15,
material and labour cost per unit Rs. 8.
Production overheads :
Variable Rs. 2 per unit, fixed Rs. 50,000, other overheads
Rs. 1,10,000.
Prepare income statement under absorption costing.

Answer 1

Answer:

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Explanation:

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