Question: 1-Explain the differences between absorption and variable costing. 2-Give / show an example of the variable costing contribution format income statement 3- Give/show an example

1-Explain the differences between absorption and variable costing.

2-Give / show an example of the variable costing contribution format income statement

3- Give/show an example of the absorption costing income statement.

4-Explain the differences between the variable costing contribution format income statement andthe absorption costing income statement.

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