CAPE Accounting Unit 2 · 2017 · Paper 2 · Question 2(c)
Explain the difference between 'absorption costing' and 'marginal costing'.
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Practise this questionOther parts of this question
- 2(a)(i)Name and describe ONE costing system, other than activity-based costing, which may be used to cost job XYZ.[4 marks]
- 2(a)(ii)Calculate the unit cost for job XYZ using activity-based costing.[9 marks]
- 2(b)(i)Prepare the income statement for 2016 using marginal costing.[8 marks]
- 2(b)(ii)Prepare the income statement for 2016 using absorption costing.[10 marks]
More practice: the rest of this paper · more Marginal and Absorption Costing questions · all CAPE Accounting Unit 2 past papers