Hygiene products limited manufacturers a single product, a melamine kitchen sink with a standard cost of sh. 8000 made up as follows:-

      

Hygiene products limited manufacturers a single product, a melamine kitchen sink with a standard
cost of sh. 8000 made up as follows:-
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Required:
a) In columnar form prepare
i. Actual income statement
ii. Flexible income statement
iii. A reconciliation statement using the reported variances

b) Computer the following variances
i. Material price variance
ii. Material usage variance
iii. Labour rate variance
iv. Labour efficiency variance
v. Material cost variance

  

Answers


Martin
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marto answered the question on February 26, 2019 at 07:28


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