Question: 1. When does variable costing and absorption costing give similar result ? What makes the result of the two methods differ? Give a short explanation.

1. When does variable costing and absorption costing give similar

result ? What makes the result of the two methods differ? Give

a short explanation.

2. Why does a company adopt predatory pricing and how does

this type of pricing differ from price gouging?

3. Compare flexible resources with committed resources. Give

example for both types of resources

4. Differentiate between variable costing and absorption costing

methods

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