Question
When a company produces more inventory than it sells to customers, would the absorption costing income statement profits or the variable costing income statements profits
When a company produces more inventory than it sells to customers, would the absorption costing income statement profits or the variable costing income statements profits be higher for the period?
Explain why.
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Management Accounting Change Approaches And Perspectives
Authors: Chandana Alawattage, Danture Wickramasinghe
1st Edition
0415393329, 978-0415393324
