Prepare an income statement for the year using variable costing for outshine (pty)ltd?
beginning inventory 0units produced 35 000units sold 33 00
beginning inventory 0
units produced 35 000
units sold 33 000
selling per unit R420
selling and administative expenses:
variable per unit R13
fixed (Total) R240 000
Manufacturing costs:
Direct materials cost per unit R150
Direct labour cost per unit R35
Variable manufacturing overhead cost per unit R25
Fixed manufacturing overhead (total) R280 000
or:beginning inventory 0units produced 35 000units sold 33 000selling per unit R420selling and administative expenses:variable per unit R13fixed (Total) R240 000Manufacturing costs:Direct materials cost per unit R150Direct labour cost per unit R35Variable manufacturing overhead cost per unit R25Fixed manufacturing overhead (total) R280 000
