A company manufactures and sells a single product. Next year the budgeted total fixed production

Question: A company manufactures and sells a single product. Next year the budgeted total fixed production costs are $630,000, the budgeted sales are 45,000 units and the budgeted production is 50,000 units. The budgeted profit for next year using marginal costing principles is 59,500. What is the budgeted profit for next year using absorption costing principles?A company manufactures and sells a single product. Next year the budgeted total fixed production costs are $630,000, the budgeted sales are 45,000 units and the budgeted production is 50,000 units. The budgeted profit for next year using marginal costing principles is 59,500. What is the budgeted profit for next year using absorption costing principles?
100% (1 rating)Fixed production cost per unit = 630000/50000 = $12.6 Ending I…View the full answer