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Explain the impact of sales and production cost

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Reference no: EM132594003

Question 1: The mooncake is a Chinese bakery product traditionally eaten during the Mid-Autumn Festival, celebrated on the eight month of the Chinese Lunar calendar. If you are the management accountant of a company producing mooncakes and other festive delicacies, explain the impact of sales and production cost of such a product on profits if (i) absorption costing, or (ii) variable costing is adopted, clearly proposing which costing system is most suitable here

Reference no: EM132594003

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