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What is Income Statements: Costing Methods Analysis about?

1) The document provides income statements for June Company under absorption costing, variable costing, and throughput costing for the year ending December 31, 201A. 2) Under absorption costing, net income is ₱804,000. Under variable costing, net income is ₱780,000. 3) The difference between net incomes under the two methods is ₱24,000, which equals the difference between ending inventory costs under each method.

Author

Goose Chan

Language

EN