exe limited makes a single product whose total cost per unit is budgeted to be pound 610061

Exe Limited makes a single product whose total cost per unit is budgeted to be £45. This includes fixed cost of £8 per unit based on a volume of 10 000 units per period. In a period, sales volume was 9000 units, and production volume was 11 500 units. The actual profit for the same period. Calculated using absorption costing, was £42 000.

If the profit statement were prepared using marginal costing, the profit for the period

A would be £10 000

B would be £22 000

C would be £50 000

D would be £62 000

E cannot be calculated without more information