Question: SOURCE: ADAPTED FROM CIMA P1 (MAY 2008) SECTION A, QUESTION 1.1 If inventory levels have increased during the period, the prot calculated using marginal costing


SOURCE: ADAPTED FROM CIMA P1 (MAY 2008) SECTION A, QUESTION 1.1 If inventory levels have increased during the period, the prot calculated using marginal costing when compared with that calculated using absorption costing will be:

higher lower equal impossible to answer without further information

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