Solved: Fixed and variable costs describe the benefits of variable, Accounting Basics

Fixed and variable costs describe the benefits of variable

Question 1: Fixed and Variable Costs

Describe the benefits of variable costing methods used for internal reporting purposes.

Question 2: External Reporting Purposes

Why isn't variable costing used for external reporting purposes? Should it be allowed? Why or why not?

The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

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Accounting Basics: Fixed and variable costs describe the benefits of variable

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Accounting Basics: Fixed and variable costs describe the benefits of variable

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