Question: Please tell me the difference between absorption costing and variable costing. How does each treat fixed manufacturing overhead? Provide an example and calculate the unit

  1. Please tell me the difference between absorption costing and variable costing. How does each treat fixed manufacturing overhead?
  2. Provide an example and calculate the unit product cost under each of the two methods.
  3. What are segments of a company or an organization? Give several examples of segments.

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