what information provided by a variable costind income statement is used in computing the break even point?is this information on obsorption costing income statement?explain
Answers
Answered by
1
Answer:
Variable costing formula= (Raw material + Labour cost + Utilities (variable overhead)) ÷ Number of mobile covers produced. = ($300,000 + $150,000 + $150,000) ÷ 2,000,000. = $0.30 per mobile case. As per the contract pricing, the per unit price = $350,000 / 1,000,000 = $0.35 per mobile case.
Explanation:
managerial and cost accounting in which the fixed manufacturing overhead is excluded from the product-cost of production. ... It not only includes the cost of materials and labor, but also both, in which the fixed manufacturing overhead is allocated to products produced.
Similar questions