Select the correct statement below, as it relates to management choosing to use Variable costing or Absorption costing for decision-making. Multiple Choice Absorption costing would be most useful for management to create cost reports for controlling cost purposes. Variable costing would be most useful when analyzing contribution margins and variable cost structure changes. Variable costing would be most useful when management is creating an external set of financial statements. Variable costing would be most useful when determining product Sales Prices to cover all costs in the long-term