Sir, For absorption Costing Statement do we less under absorbed and add over absorbed
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Absorption costing statement
3y ago#1If you have under-absorbed then either add the amount to the costs or subtract the amount from the profit. (The end result is the same).
It is obviously the opposite if we have over-absorbed.
Appreciate however than you cannot be asked to produce the statement in the exam.
Have you watched my free lectures on this?
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