MA

Syllabus C2. Absorption and marginal costing 6 / 11

a) The concept of contribution.
b) Absorption & marginal costing - inventory valuation and profit determination.
c) Profit or loss under absorption and marginal costing.
d) Reconcile profits or losses - absorption and marginal costing.
e) Advantages and disadvantages - absorption and marginal costing.
Absorption and marginal costing