a variable costing income statement is used for

1. fitting income tax return

2. external reporting purpose

3.internal decision making purpose

determaining the amount of gross

the budgeting process

1. is standard among all types of companies

2.usually begins about one month before the begginging of the budget period

3. does not need input from all levels because it is the rode of managment

4. requires significant coordination among the companys varius business segment