Differences between absorption and variable costing methods


Question 1. What are the differences between absorption and variable costing methods on income statement presentation?

Question 2. How are fixed costs treated under variable costing? How are they treated under absorption costing?

Solution Preview :

Prepared by a verified Expert
Accounting Basics: Differences between absorption and variable costing methods
Reference No:- TGS01938250

Now Priced at $20 (50% Discount)

Recommended (98%)

Rated (4.3/5)