Page 15 - CIMA OCS Workbook February 2019 - Day 1 Tasks
P. 15
Chapter 4
MANAGEMENT ACCOUNTING (P1)
FAMILIARISATION
1 COSTING
EXERCISE 1 (A) - COSTING METHODS
Question Response
Does Trigg Adventure operate a
marginal costing system or
absorption costing?
Is labour considered to be a
variable cost or a fixed cost?
How are overheads absorbed?
How useful would it be for Trigg to
switch to absorption costing (TAC)?
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