ABC Ltd. had a marginal costing profit of ₹1,25,500 in April, 2018. Opening stock were 1,800 units and closing stock were 1,260 units. The company is considering changing to absorption costing system. Fixed overhead abso
CS Executive · Cost and Management Accounting · PYQS · June 2019
ABC Ltd. had a marginal costing profit of ₹1,25,500 in April, 2018. Opening stock were 1,800 units and closing stock were 1,260 units. The company is considering changing to absorption costing system. Fixed overhead absorption rate is ₹6 per unit. Profit under absorption costing will be ________.
Answer & Explanation:
Correct Answer: Option (B)
Official answer key: (B).
Topics: Marginal Costing
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