Normal Production Levels Under FAS 151


 
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Normal Production Levels Under FAS 151
Romina, Member
FAS 151 says judgment needs to be used to determine inventory costs under absorption costing. Could you please tell me how would you determine "normal production levels"? Thanks....
 

 
Standarding Cost
EriChan, Member
Focus on standard cost with absorption costing....
 

 
Normal Production Level
Benhoumeur
Normal production level is a short term concept. F...
 

 
Fixed Costs Should not Be in Inventory Cost
Jagdish B Acharya, Premium Member
Overheads and fixed costs pose a big problem for a...
 

 
Variable Costing
Benhoumeur
If fixed costs are considered periodical cost. Tha...
 

 
 

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