1. Describe the three management functions commonly executed by managers within their organization 2. Explain the term corporate social responsibility. Why is it so important and to which stakeholders? MANAGERIAL ACCOUNTING Assignment #11 - Microsoft Word Mailings Review View AA 1 la AaBbCcDc AaBbCcDc ASLI AaBb Cc. Normal 1 No Spaci... Heading 1 Heading 2 F Paragraph Styles 6. Explain the differences between variable costs and fixed costs? 7. Explain the difference between period costs and product costs. 8. Bloomfield Corp had the following maintenance costs for the past six months. Calculate variable and fixed costs using the high-low method. Units Produced Total Cost January February March April May June 16,000 40,000 44,000 20,000 50,000 42,000 $30,000 $64,000 $70,000 $34,000 $80,000 $66,000