Just when I think I have the concept down, I get a question like "If sales exceed production, then net income is _____ under absorption costing versus variable costing"
Does anyone have a mnemonic or memory trick to remember how to keep it straight?
Just when I think I have the concept down, I get a question like "If sales exceed production, then net income is _____ under absorption costing versus variable costing"
Does anyone have a mnemonic or memory trick to remember how to keep it straight?