Management Accounting Managerial Accounting What Did You Have For Lunch Today

Management Accounting / Managerial Accounting

What did you have for lunch today? Applying Absorption & Variable Costing Method, specify some examples of the costs (SGD) involved in producing the lunch

(from vendor’s viewpoint), what goes into the calculation of the product cost under each method & how the product cost for your lunch will differ under the 2 methods.

Please provide me with details and clear explanation.

 

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