The company BMK presents the following costing data:
Finished production: 5,000 units.
Production sold: 4,100 units.
Sale price $1,730 each unit.
Income tax 27%
Period costs:
Variable costs and expenses of the period
MPD $170 per unit
MOD $310 per unit
CIF $145 per unit
Other costs and fixed expenses of the period:
CIF $700,000
Administration expenses $1,200,000
Sales expenses $900,000
It is requested:
Calculate the total production cost, the unit cost and prepare the Statement of
Result both by the absorbent method and the variable method.