Discussion Post: Managerial Accounting
• Is a variable costing income statement applicable to service operations?
o If so, provide a hypothetical example of variable costing income statements in a service operation.
o Explain your example in detail and provide in-text citations.
• Explain the difference between variable costing and absorption costing income statements.
o Provide a hypothetical income statement in both formats in which the number of units sold is different from the number of units manufactured.
o Explain the contrast between the two formats.
The response must include a reference list. Using one-inch margins, double-space, Times New Roman 12 pnt font and APA style of writing and citations.