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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA MA – FIA FMA › question
when there is over absorbed overhead book says it should be adjusted in the statement of profit or loss.My question is this statement of profit or loss refer to the cost accounting profit or loss st. or the financial accounting income st. ?
It refers to the costing profit statement. It is not relevant for the financial accounting SOPL.
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