Chapter 7 Lecture Notes    Variable  damageingA   joyride for Management    JUST ONE THING    FMOH    |Absorption  be (full  follow)                                                                |Variable cost                                                                                             |  |    Sales                                        | reaping cost (COGS)                           |   Sales                                                      | ingathering cost                                 |  |                                                    |DM                                                    |                                                                |DM                                                |  |-   COGS                                          |DL                                                    |-Variable expenses                                     |DL                                                |  | egregious  value                                     |VMOH                                                 |Contribution Margin                                    |VMOH                                             |  |                                                    |FMOH (product cost)                           |                                                                |period cost-- VS&A                        |  |                                                    |                                                       |                                                                |                                                   |  |-    direct expenses                     | occlusive costs (op. exp.)                     |-Fixed expenses                                          |                                                   |  |Net income                                     |VS&A                                                 |Net income                                                 |FMOH (per   iod cost)                        |  |       !                                                |FS&A                                                 |                                                                |FS&A                                             |    Why two different methods?    UNIT  yield  personify COMPUTATIONS (Per Unit Product Inventory Costs)    |Absorption costing Product Cost                                                          |Variable costing Product Cost                                                             |  |DM                                                                                                      |DM...If you want to get a full essay,  redact it on our website: BestEssayCheap.com
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