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Absorption Costing Income Statement ACCN4 June 2017 "Asnar Wood" with under and over absorption
Автор: AQA Accounting Teacher
Загружено: 2023-04-15
Просмотров: 3611
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This was quite a tricky question from the old A2 management accounting paper requiring forecast income statements for 2 months prepared under absorption costing. This means that fixed overheads need to be included in the closing inventory, the over or under-absorption for each month has to be calculated and, finally, a reconciliation of the difference in profit under absorption and marginal costing.
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