What are the differences between variable and absorption costing?

What is the role of external communication?
September 11, 2020
provide 1 paragraph response to include intext citation and reference
September 11, 2020

What are the differences between variable and absorption costing?

Variable and absorption costing?

What are the differences between variable and absorption costing? Why is variable costing not allowed for GAAP reporting? Which method is more useful for internal decision-making? Why? As a manager, which would you prefer? Why?


 

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