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In: Accounting

Explain the difference in the mindset of a particular company when they prepare income statements by...

Explain the difference in the mindset of a particular company when they prepare income statements by Absorption and Marginal costing approach.

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Expert Solution

The income statement of XYZ company as arbitrary amount .The income for the costing is same but transaction treatment is different.

ekkarill92 answered 2 years ago
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