What is the difference between absorption costing and variable costing? Any help is appreciated. Thank you for helping!© BrainMass Inc. brainmass.com November 30, 2021, 2:43 am ad1c9bdddf
What is the difference between absorption costing and variable costing?
Under the absorption costing, the product costs are direct materials, direct labor, variable factory overhead, and fixed factory overhead. As product costs, all these costs are assigned to inventory when units are produced, and they become expenses ...
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