A-LevelAccountingTraditional costing methods9706/12 · Oct/Nov 2009 · Q231 Mark

When are the reported profits under marginal costing and absorption costing principles the same amount?

Awhen sales revenue exceeds cost of sales

Bwhen units produced equals sales in units

Cwhen units produced exceeds sales in units

Dwhen unit sales exceeds production in units

✓ Correct answer

B: when units produced equals sales in units

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Topic: Traditional costing methods, A-Level Accounting (syllabus 9706). Multiple choice, 1 mark.
Source: A-Level Accounting, Oct/Nov 2009 Paper 1 Variant 2, question 23.

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