Understand how marginal and absorption costing impact product cost, profit, and inventory valuation!
Автор: Jaweed Hassan Batooq
Загружено: 2025-04-17
Просмотров: 125
Описание:
marginal and absorption costing impact product cost, profit, and inventory valuation!
marginal and absorption costing impact product cost, profit, and inventory valuation!
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In this detailed lecture, we explain how to prepare income statements using marginal costing and absorption costing, highlighting the difference in profit, inventory values, and product costs under each method.
✅ What You’ll Learn in This Video:
🔍 What is Marginal Costing & Absorption Costing
📊 How to Calculate Product Cost under Both Approaches
🧾 Income Statement Preparation: Side-by-Side Comparison
💰 Why Profit Differs Under Both Methods
🏪 Inventory Valuation Differences
✅ Practice Questions + Reconciliation of Profits
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