MCQs>Finance & Management>Management Accounting>if ending inventory under absorption costing is 2500, and under variable costing is 1000 what is the difference between the profit under variable costing and absorption costing?
Management Accounting MCQs
if ending inventory under absorption costing is 2500, and under variable costing is 1000 what is the difference between the profit under variable costing and absorption costing?
Answer
Correct Answer: The profit under absorption costing will be higher 1500 from variable costing
Explanation:
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