If absorption costing is the costing method acceptable for financial reporting under GAAP, why would management prefer

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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?

Related Book For answer-question

Management Accounting

ISBN: 9781760421144

7th Edition

Authors: Kim Langfield Smith, Helen Thorne, David Alan Smith, Ronald W. Hilton

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Posted Date: Mar 19, 2024 10:05 PM

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If absorption costing is the costing method acceptable for financial reporting under GAAP, why would management prefer

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Management Accounting

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