Essay
Ruggles Company has provided the following data for the year ended September 30,2013.
Required:
a.Determine operating profit using the variable-costing approach.
b.Determine operating profit using the absorption-costing approach.
c.Explain why operating profit is not the same under the two approaches.
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Correct Answer:
Verified
a.24 000 × $50 = $1 200 000 sales
($525 ...View Answer
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Correct Answer:
Verified
($525 ...
View Answer
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