Refer to the exhibit.

The following costs apply to batch 325, which consists of 10000 units of identical products:
The company charges selling and administration costs at a rate of 20% of production costs and wishes to achieve a profit margin of 20% of sales.
What is the required selling price per unit of product?
Give your answer to 2 decimal places.

Data for the latest period for a company which makes and sells a single product are follows:

There were no budget or actual changes in inventories during the period.
The sales volume contribution variance for the period was:

A company provides its managers with monthly budgetary control reports. Which ONE of the following types of financial information is this?

Which of the following statements about batch costing is true?

The accounting treatment for overheads over absorbed is to: