Exam Questions

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Question on Marginal and Absorption Costing Technicques

 Questions on Marginal Costing Techniques Your name Nig. Ltd presents you with the following data about its operations for the quarter ended 31/12/2015 Selling price per liter N50 Direct material per liter N20 Direct labor per liter N15 Variable production overhead per liter N5 Fixed production overhead cost N600,000 Other fixed costs N100,000 Sales commission per liter N3 Quantity sold 180,000 liters Closing …

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