Question: For this Discussion Board, please complete the following: If absorption costing is the costing method acceptable for financial reporting under GAAP, why would management prefer

For this Discussion Board, please complete the following:

If absorption costing is the costing method acceptable for financial reporting under GAAP, why would management prefer another costing method, such as variable costing?

Respond to the following:

Discuss one advantage of variable costing.
Discuss one disadvantage of variable costing.
Would it be easier to use absorption costing? Why or why not?

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