Variable costing is a managerial tool. a. Its proponents insist that it is more accurate than absorption

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Variable costing is a managerial tool.

a. Its proponents insist that it is more accurate than absorption costing and that it is critical to managerial decisions about costs, volume, and profits.

b. Its critics argue that it is a tactical decision-making tool, useful only for making short-run decisions.

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Managerial Accounting Information For Decisions

ISBN: 9780324222432

4th Edition

Authors: Thomas L. Albright , Robert W. Ingram, John S. Hill

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