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1. What is the main difference between absorption and variable costing? 2. List 2 methods of separating variable and fixed costs when one has a

1. What is the main difference between absorption and variable costing?

2. List 2 methods of separating variable and fixed costs when one has a mixed cost.

3. If one knows the breakeven point in units for a company. What would the profit be of this company if it sold 1 unit above the breakeven point?

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