Question: Discuss what absorption, variables, and throughput costing are. Determine when each would be used. Provide an explanation and example of all three.

Discuss what absorption, variables, and throughput costing are.
Determine when each would be used.
Provide an explanation and example of all three.

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Absorption costing variable costing and throughput costing are three different methods used for cost accounting and inventory valuation Each method has its own unique approach to allocating costs to p... View full answer

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