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Units sales - PowerPoint PPT Presentation

Profit Reporting for Management Analysis

Profit Reporting for Management Analysis. Chapter M 4. Determination of Net Income. Absorption costing All manufacturing costs included in finished goods and remain an asset until the good is sold Used in financial reporting Sales minus cost of goods sold = Gross profit.

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458 views • 24 slides

Managing Your Business Through Tough Times 30 March 2012

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Units sales - PowerPoint PPT Presentation

Profit Reporting for Management Analysis

Managing Your Business Through Tough Times 30 March 2012