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Author Question: a. Explain the difference between the variable and absorption costing methods. b. Which method(s) ... (Read 72 times)

silviawilliams41

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Question 1

When distribution costs are high, managers can use standard costing to analyze variances for spending and efficiency variances.
◦ true
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Question 2

a.  Explain the difference between the variable and absorption costing methods.
b.  Which method(s) are required for external reporting? For internal reporting?


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Marked as best answer by silviawilliams41 on Mar 6, 2021

pocatato

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silviawilliams41

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Reply 2 on: Mar 6, 2021
YES! Correct, THANKS for helping me on my review


atrochim

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Reply 3 on: Yesterday
Great answer, keep it coming :)

 

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