Answer the same question posed at the end of Part A. The actual cost of sales using full standard costing would be £340,500 in March. Industry volume for March was:
Understand the Problem
The question is asking for a comparison of the actual cost of sales based on full standard costing with previously posed questions in Part A. It requires understanding the financial statements provided for the Temple Division for March 1988.
Answer
1,000 units
The industry volume for March was 1,000 units.
Answer for screen readers
The industry volume for March was 1,000 units.
More Information
The industry volume of 1,000 units helps provide context when evaluating performance metrics such as cost of sales.
Tips
Ensure you're clear on what Part A involves to appropriately align your answer.
Sources
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