ch19handout - Income Measurement • Net Income may differ...

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Profit Reporting for Management Analysis Absorption Costing Variable Costing
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Product Costs Review Four Components Product costs are Period costs are
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Absorption Costing Variable Costing DM DL VOH WIP FG COGS DM DL VOH FOH WIP FG COGS FOH is a period cost under the variable costing method
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Unformatted text preview: Income Measurement • Net Income may differ for a particular period • Summary of differences: – If production > sales; – If production < sales; – If production = sales; Absorption Costing Variable Costing...
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This note was uploaded on 05/17/2010 for the course BIO 111 taught by Professor Osikanlu during the Spring '09 term at Moraine Valley Community College.

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ch19handout - Income Measurement • Net Income may differ...

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