Question: This chapter identified many decision contexts in which variable costing information is more relevant than absorption costing. However, absorption costing is still used by many

This chapter identified many decision contexts in which variable costing information is more relevant than absorption costing. However, absorption costing is still used by many companies and remains the only acceptable basis for external (and tax) reporting.

Required
Break into teams and identify at least one specific decision context in which absorption costing information is more relevant than variable costing. Be prepared to discuss your answers in class.

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