28. A company has the following costs of production for making 1,000 widgets in June:
|
£ Total (1,000 units) |
Materials |
2,000 |
Labour |
5,000 |
Factory Rent |
1,000 |
The “cost per unit” is:
A. £8 per unit under Absorption Costing and £2 per unit under Marginal Costing
B. £8 under Absorption Costing and £7 under Marginal Costing
C. £8 per unit under Marginal Costing and £7 per unit under Absorption Costing
D. £2 per unit under Marginal Costing and £5 per unit under Absorption Costing