at 9:18 AM

Presentation of Information to Management under Absorption Costing

STATEMENT OF NET PROFIT [AS PER ABSORPTION COSTING]
Sales                                                                                   xxxxx
(-) Direct Material                                                                xxxxx
(-) Direct Labour                                                                 xxxxx
(-) Direct Expenses{Factory Overhead}                            xxxxx

                                                                                      ___________     
Gross Profit                                                                        xxxxx
(-) Administration Expenses                                              xxxxx
(-) Selling and Distribution Expenses                                xxxxx
                                                                                      ___________ 
Net Profit                                                                            xxxxx
                                                                                      ___________

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