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    Mar 15, 2012, 08:18 AM
    Calculate absorption costing method and marginal costing method
    2008 2009 2010

    Selling price per unit 20 20 20
    Variable manufacturing cost per unit 10 10 10
    Total fixed manufacturing cost 5000 5000 5000
    Opening cost (unit) - - 500
    Unit produced 1000 1500 2000
    Units sold 1000 1000 1500
    Closing stock(units) - 500 1000

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