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posted a question May 15, 2012 at 10:13am
Discuss the difference between variable costing and full costing. Why would income computed under full costing exceed income computed under variable costing if production exceeds sales?
Expert answered the question May 15, 2012 at 9:44pm
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Difference between Variable Costing and full costing;
1) Only Variable cost is considered for Variable costing and for the
valuation of ending inventory whereas in full costing both variable...