Why is variable costing used only for internal reporting and not for external financial reporting?

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Management Accounting

ISBN: 978-0132570848

6th Canadian edition

Authors: Charles T. Horngren, Gary L. Sundem, William O. Stratton, Phillip Beaulieu

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Question Posted: Jun 29, 2019 01:31 PM

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Why is variable costing used only for internal reporting and not for external financial reporting?

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Management Accounting

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