Please help me with this accounting question!! Many Thanks?

Discussion in 'Website Content for Sale' started by josieyuen04, Aug 25, 2008.

  1. josieyuen04

    josieyuen04 New Member

    Dick has prepared a production & sales forecast for the next 2 months, assuming no opening stock at the start of month 1.<br />
    <br />
    Month 1<br />
    Production = 2500 units; Sales = 2300; Overheads = $90000<br />
    <br />
    Month 2<br />
    Production = 1700 units; Sales = 1800; Overheads = $60000<br />
    <br />
    Sales Price = $90/unit<br />
    Material Price = $16/hour<br />
    Labour Price = $5/hour<br />
    Labour Content = 4 hours/unit<br />
    Production Cost = $3/hour<br />
    <br />
    a) Prepare Dick's profit/loss account for months 1 & 2 using marginal and absorption costing principles.<br />
    b) Reconcile the marginal and costing results at (a) above. <br />
    <br />
    You can send the answer to my email address at<br />
    [email protected]<br />
    Ps As long as you leave a note to say you've sent me the answer, you will get points if i choose your answer as my best answer. Thanks!!<br />
     
  2. msrighteous

    msrighteous New Member

    but if i send you the answer to your email address, then i won't get points for posting an answer here.
     

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