Link to the Problem: https://dl.dropbox.com/u/5819251/Absorption%20vs%20Variable%20Costing.docx
In this video series, we discuss variable vs absorption costing and do an example.
This video and the attached worksheet were prepared by Tony Bell of Thompson Rivers University (TRU) - I encourage educators to freely use, edit and modify these videos and the attached worksheet - they are available under Creative Commons Licenses.