What are the views of this these costing methods under ifrs


We have been discussing articles related to absorption cost and variable costs. We have reviewed and one of course is required by GAAP while the other does not need to follow GAAP. In your opinion what the advantage, if any, to follow GAAP? , what are the views of this these costing methods under IFRS? How do they mirror GAAP?

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Accounting Basics: What are the views of this these costing methods under ifrs
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