IndigoLearn

Forums

All Topics Accountancy Auditing Corporate & Other Laws Direct Taxation Indirect Taxation Financial Management Economics Costing Strategic Management Maths & Stats Exams Others AFM Financial Reporting CFA Level I

Marginal Costing

Costing

In illustration 1(institute's textbook) why do we adjust the under or over absorption after the cost of goods sold ? And Also why is the selling fixed cost taken at the actuals ? (Just got confused with logics) Can u please clear the doubts w.r.t to the above two items in the absorption costing methods

Swathi Krishna

CA Final

★ 8K+

04-Oct-20 00:57

392

Answers (4)

Which exact portion are you referring to?

CA Suraj Lakhotia

Admin

04-Oct-20 12:18

In marginal costing The questions relating to the preparation of statements as per aborption costing and as per marginal costing In that chapter illustration 1

Thread Starter

Swathi Krishna

CA Final

★ 8K+

05-Oct-20 13:44

Plzz reply

Thread Starter

Swathi Krishna

CA Final

★ 8K+

09-Oct-20 02:04

1. That is as per absorption costing principles. 2. absorption is done only for production overheads.