Total production cost- #360,000
Factory overhead cost- #56,000
Selling price per unit- # 120
Production volume 4000 units
What is the total manufacturing profit?
Factory overhead cost- #56,000
Selling price per unit- # 120
Production volume 4000 units
What is the total manufacturing profit?
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Correct Answer: Option B
Explanation:
selling price x production volume
120 x 4000 = 480,000
Total sales - cost of production
480,000 - 360,000 = 120,000 (profit)
selling price x production volume
120 x 4000 = 480,000
Total sales - cost of production
480,000 - 360,000 = 120,000 (profit)