What is the profit under absorption costing, Accounting Basics

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What is the profit under absorption costing

Question:

A company which uses marginal costing has a profit of £37 500 for a period. Opening stock was 100 units and closing stock was 350 units. The fixed production overhead absorption rate is £ 4 per units.

What is the profit under absorption costing?

A £35 700
B £36 500
C £38 500
D £39 300

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Accounting Basics: What is the profit under absorption costing

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Accounting Basics: What is the profit under absorption costing

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