Note on Absorption and Variable Costing Harvard Case Solution & Analysis

This article determines the numerous types of cost and the ways to compute them that accounts for productions and operations and their utilization for managerial decisions. It determines how to compute the predetermined overhead rates, flexible overhead budgets, overhead variances, cost of goods manufactured and cost of goods sold and provide distinction between absorption and variable cost and evaluate that how the differences between absorption  and variable costing get effected by JIT.

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