Question: Major difference between marginal costing approach and absorption costing approach is that the profit in the first approach is influence by sales and profit using

Major difference between marginal costing approach and absorption costing approach is that the profit in the first approach is influence by sales and profit using the later one is influence by both sales and production (Atril and McLaney, 2021)
Critically evaluate the marginal costing and absorption costing methods.
1. An Excellent explanation of costing methods.
2. Excellent discussion of the usage and application of the methods.
3. Critically evaluated the methods through discussion of advantages and disadvantages of each method with appropriate example and
theoretical argumentation.

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