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Type: Posts; User: simonroberts258

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  1. Absorption costing profit from Marginal costing profit

    I know my opening stock and closing stock figures and I have worked out my annual profit using marginal costing. I also know my fixed overhead absorption rate.

    Using these figures, what formula do...
  2. Calculating profit using absorption costing

    Here is the question I am having trouble with:
    When opening stock were 8500 litres and closing stock 6750 litres, a company had a profit of $60,100 using marginal costing. Assuming that the fixed...
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