Variable costing and absorption costing Management Accounting for BBA MBA (Class-2)

Master class of variable costing and absorption costing @AccountingTherapy932 #mahbub_sir

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Hello, everybody. Welcome to Accounting Therapy . In today’s video, I’m going to tell you about "Variable Costing & Absorption Costing". Absorption costing and variable costing system is a very important chapter in the management accounting or in the cost accounting syllabus. I’m going to try and teach you as well as I can. Let’s get started.

In this lecture problem relating to variable costing vs absorption costing is discussed in a very efficient way. Variable costing & Absorption Costing are very important. They are the basic element of a sentence. If you want to speak English, you need to know about the different kinds of norms. I’m going to try and teach you as well as I can. Let’s get started.

Discussion on: (i) Basics Concept on Absorption Costing & Variable / Direct Costing .
(ii) How to prepare Income Statement under Absorption & Variable Costing
(iii)How to prepare Reconciliation Statement

After watching this video you can easily understand how to prepare income statement under absorption & variable costing and also Reconciliation Statement.

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