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What is variable costing analysis

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Question 1. What is variable costing analysis. Describe what you learned about this topic and how variable costing differs from absorption costing.

Question 2. We cover two chapters (20-21) that focus on budgeting. Please choose one of the budgets presented (cash receipts, purchases, production, etc.), provide a brief explanation of how it is calculated/determined, and discuss its importance in the managerial accounting field.

Reference no: EM132859939

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