P1

Syllabus A3. Marginal and Absorption Costing 5 / 16

Marginal (or variable) throughput and absorption accounting methods in respect of profit reporting and inventory valuation.

- Marginal (or variable) throughput and absorption accounting systems of profit reporting and inventory valuation, including the reconciliation of budget and actual profit using absorption and/or marginal costing principles.
Marginal and Absorption Costing