Question
Explain the procedure to prepare income statement by using variable and absorption costing approach and discuss the difference in out comes of the income statements
Explain the procedure to prepare income statement by using variable and absorption costing approach and discuss the difference in out comes of the income statements by reconciliation.support answer with assumed numeric values and complete theoretical discussion.
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Financial Accounting The Impact on Decision Makers
Authors: Gary A. Porter, Curtis L. Norton
9th edition
130565417X, 1305654174, 9781285972572 , 978-1285182964
