Question: 1 . 3 Explain fully why the profits reported in period 1 differ when profit is calculated using absorption costing and marginal costing. Calculations are

 1.3 Explain fully why the profits reported in period 1 differ
1.3 Explain fully why the profits reported in period 1 differ when profit is calculated using absorption costing and marginal costing. Calculations are required to support your explanation.
(6)
when profit is calculated using absorption costing and marginal costing. Calculations are

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