MARGINAL & ABSORPTION COSTING - APRIL 2023 EXAMS Q 4

[@marypatts2608]

thanks a lot for this video nimesoma na kuelewa zaidi
bless up
😊😊

[@idajiliojima-ojogloria6331]

Why was the fixed production overhead of 80,000 not added to the other fixed costs in marginal costing?

[@jaitusamuel7712]

Can we call the Cost of sales as absorbed under absorption costing statement

[@evelynnkatha3695]

I thought under marginal costing, you add up all the variable costs to get the contribution rather than deducting. I believe we deduct only the fixed costs.

[@AringoFredrick]

Hey Evelyn, Contribution= CMQ - F or T.Sales - T.Variable costs.
To get the profit now you take Contributions - Fixed costs

[@francktalla6714]

Thanks a lot Sir for this video!

[@anitaongiri3077]

Kindly make the illustrations clearr....the workings are not visible

[@AringoFredrick]

Will work on that, i will be attaching links for questions that I normally handle.

[@chukwuemekaekwom5455]

Welldone sir

[@AringoFredrick]

Great, glad you have enjoyed

[@cedrickmomanyi4125]

How is opening inventory in marginal costing February 4000?

[@AssamCommyfils-gs6cx]

The difference between production for January and the sales for January which will give u 4k

[@GraceAnsah-zk7cy]

Couldn't see the question clearly 😢

[@AringoFredrick]

Sorry for that, you can WhatsApp us on [phone] the document will be shared.

[@AringoFredrick]

MANAGEMENT ACCOUNTING APRIL 2023 EXAMS - bit.ly/3LD3ftU

[@NabakundaClaire]

Thank you sir

[@Desteria99]

Im writing my exams next week and I'm confused at calculating the opening and closing inventory...can you perhaps share your Watsapp 😢

[@daphinebochere2484]

Hey mind assisting your WhatsApp link