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Title: Marginal and Absorption Costing - Traditional Costing
Description: Comprehensive notes on the topic "Marginal and Absorption Costing" from the module Managerial Accounting at Kingston University. Year at University: 3rd (Level 6) Lots of example questions with answers and calculations
Description: Comprehensive notes on the topic "Marginal and Absorption Costing" from the module Managerial Accounting at Kingston University. Year at University: 3rd (Level 6) Lots of example questions with answers and calculations
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The summarised data below relate to its
first two years of operation
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(2 marks)
#B Briefly explain why the operating profits resulting from the use of the two costing
methods will usually differ
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(3 marks)
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c) Calculate for each of the two years, the operating profit and the closing stock value
using:
a
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) Full (absorption) costing
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(5 marks)
(Total 25 marks)
Answer Question 5 Mock 1
Answer Question 2 Mock 2
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Title: Marginal and Absorption Costing - Traditional Costing
Description: Comprehensive notes on the topic "Marginal and Absorption Costing" from the module Managerial Accounting at Kingston University. Year at University: 3rd (Level 6) Lots of example questions with answers and calculations
Description: Comprehensive notes on the topic "Marginal and Absorption Costing" from the module Managerial Accounting at Kingston University. Year at University: 3rd (Level 6) Lots of example questions with answers and calculations