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Accounting MFA > Income Effects Of Alternative Cost Accumulation Systems Chap 7 > Flashcards

Income Effects Of Alternative Cost Accumulation Systems Chap 7 Flashcards

1
Q

Absorption or full costing system

A

Allocates all manufacturing costs to products

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2
Q

Variable, marginal or direct costing

A

Allocates only variable and not fixed/ overhead costs to products

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Accounting MFA (6 decks)

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