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Material LIFO periodic first matches to current period sales revenues the most recent costs of the period followed by the next to most recent, etc. pdf), Text File (. What is Management Accounting? Management Accounting, or costing, looks at the finances of the business from the perspective of future planning, decision When you purchase any Tutorial or Workbook in Osborne Books’ AAT Accounting range, you will receive free online access to an eBook, practice tests and revision crosswords. com We are sharing with you CA Inter Paper 3 Cost and Management Accounting Chapterwise Question Bank for 7 Job, batch and service costing 201 8 Process costing 215 9 Marginal costing 281 10 Short-term decision making 301 11 Long-term decision making 339 Mock Assessment Questions 385 MA Chapter 10 Questions The Management Accountant’s Profit Statement – Marginal Costing. Lobo’s variable costing income statement would reveal a contribution margin of $330,000. 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