Question 4 Total (15 mark a) Bisunga Company limited plans to produce 80,000 units of its regular product during the com month at selling price of GH¢6.50 per unit. A unit of the product requires 4 kgs of material valued at GH¢0.75 per kg and 4 hours of direct labour paid at GH¢0.50 per hour. Selling and distribution cost is budgeted at the GH¢35,000 variable and GH¢45,000 fixed. Fixed production overheads budgeted at GH¢20,000 and administrative overheads of GH¢15,000. Required: Prepare budgeted profit or loss statement for the period under the following costing basis: i. Marginal Costing (8 marks)
