Discussion Post
• What is variable costing analysis. Describe what you learned about this topic and how variable costing differs from absorption costing.
• We cover two chapters (20-21) that focus on budgeting. Choose one of the budgets presented (cash receipts, purchases, production, etc.), provide a brief explanation of how it is calculated/determined, and discuss its importance in the managerial accounting field.
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.