Question: please help asap pleaseee Required: a) Compute the unit product cost under: i. Variable costing ii. Absorption costing b) Prepare the income statements for Year


Required: a) Compute the unit product cost under: i. Variable costing ii. Absorption costing b) Prepare the income statements for Year 1 and Year 2 under: i. Variable costing ii. Absorption costing c) Reconcile the variable costing and absorption costing profit figures. b) Prepare the income statements for Year 1 and Year 2 under: i. Variable costing ii. Absorption costing (40 marks) c) Reconcile the variable costing and absorption costing profit figures. (10 marks) d) Explain any differences between the income statements under (a) and (b) for Year 1 and Year 2
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