6 5 Compare and Contrast Variable and Absorption Costing Principles of Accounting, Volume 2: Managerial Accounting
Content Cost control Why do most companies use absorption costing? Why isn’t variable costing used for financial reporting? Marginal Costing Vs. Absorption CostingComparison of Differences along with Examples The two costing methods used in managerial accounting are variable costing and absorption costing. Variable costing assigns all manufacturing costs to products, while absorption costing assigns a…