Page 39 - 5.2 i. Manac Costing ITC Summarised Notes
P. 39

ITC EXAM PREP




                           Costing variances – example 1








             Variable costing income statement:




























             Calculations:

             C1:           (R630 000 + R1 260 000) / 21 000 = R90 per unit


                           R90 x 2 000 units = R180 000


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