It is not possible to convert reports prepared using a verbal costing to absorption costing reports....
It is not possible to convert reports prepared using a verbal costing to absorption costing reports. true or false?
Homework Answers
Answer : False.
Yes, the given statement is false. We can convert the reports prepared using a verbal costing to absorption costing reports. We know that the main difference under variable and absorbtion costing is fixed overheads,if we adjust the fixed overheads amount we can convert the reports prepared using a verbal costing to absorption costing reports.
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It is not possible to convert reports prepared using a
verbal costing to absorption costing reports....
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