Before reading the rest of this section, write a brief commentary on the most significant features of
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Before reading the rest of this section, write a brief commentary on the most significant features of Table 5.14.
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Table 5.14 Comparison of profit, using absorption costing and marginal costing Absorption costing Variable costing Difference Month 1 1,760 1,700 +60 Month 2 1,930 1,810 +120 Month 3 Month 4 2,360 2,360 0 2,500 2,580 -80 Month 5 2,700 2,800 -100 Total 11,250 11,250 0
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The table youve provided shows a comparison of profit using two different accounting methods absorption costing and variable marginal costing over a p...View the full answer
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