Question: a) Give at least 5 differences between absorption and Marginal Costing in detail? (DO NOT COPY FROM SLIDES) b) Why is ABC method considered superior

a) Give at least 5 differences between absorption and Marginal Costing

a) Give at least 5 differences between absorption and Marginal Costing in detail? (DO NOT COPY FROM SLIDES) b) Why is ABC method considered superior than traditional method? However what are the limitations of this method? c) What factors are responsible for labour variances? Give at least 5 and EXPLAIN. d) What are the reasons behind material USAGE variance? Give 5 and explain

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