Monday, July 9, 2012

Income Statement Under Absorption Costing

If you know How to compute Unit product cost? Then you should be looking for the format of calculating Income statement under Absorption Costing approach. Therefore you can look at the below image to have the format of the Income statement under Absorption costing method -


Note: Click on the image to view larger snapshot


You might also like to know about How to prepare income statement under variable costing method?

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