The volume of manufacturing in a period has an effect on income calculated using absorption costing but

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The volume of manufacturing in a period has an effect on income calculated using absorption costing but has no effect on income calculated using variable costing. Explain.

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Management Accounting

ISBN: 9780730369387

4th Edition

Authors: Leslie G. Eldenburg, Albie Brooks, Judy Oliver, Gillian Vesty, Rodney Dormer, Vijaya Murthy, Nick Pawsey

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Question Posted: Jul 09, 2021 08:14 AM

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The volume of manufacturing in a period has an effect on income calculated using absorption costing but

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Under variable costing all fixed manufacturing overhead is treated as an expense of the period ...View the full answer

Management Accounting

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