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Discuss the difference between the income statement of Variable and absorption costing.
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Discuss the difference between the income statement of Variable and absorption costing.

User Lex B
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Absorption costing includes all of the direct costs associated with manufacturing a product, while variable costing can exclude some direct fixed costs. ... Variable costing includes all of the variable direct costs in COGS but excludes direct, fixed overhead costs.
User Argbo
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