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Chapter 1






                          Overview





                                                     Traditional
                         Absorption                                                 Marginal
                           costing                     costing                       Costing
                                                      methods








                                              A revision of F2 topics










                     Standard                   Standard costing                           Flexible
                       Costs                                                              budgeting






                    Definition                                                          Controllability





                                                                                        Performance
                       Uses
                                                                                        management




                     Types of
                    standards





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