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Need and answer a list 150 words The management of Wildcat Corporation, which has only recently gone public, has expressed frustration that the GAAP- based
Need and answer a list 150 words
The management of Wildcat Corporation, which has only recently gone public, has expressed frustration that the GAAP- based financial statements they are required to submit to the SEC are not useful for internal decision making. Prepare a memo to the CEO and CFO of Wildcat Corporation explaining absorption costing and variable costing and why variable costing may be a more appropriate tool for them to use internally than their GAAP - based financial statements. Type your communication below the lion in the response area below. REMINDER: Your response will be graded for both technical content and writing skills. Technical content will be evaluated for information that is helpful to the Intended reader and clearly relevant to the issue. Writing skills will be evaluated for development, organization, and the appropriate expression of ideas in professional correspondence. Use a standard business memorandum or letter format with a clear beginning, middle, and end. Do not convey information In the form of a table, bullet point list, or other abbreviated presentationStep by Step Solution
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