Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Why do companies use variable costing for internal financial statements? A. Production volume variance does not affect variable costing income but it does affect absorption
Why do companies use variable costing for internal financial statements?
A. Production volume variance does not affect variable costing income but it does affect absorption costing income.
B. A salesoriented company wants to track the effect of sales on net income.
C. Variable costing does not create an incentive to produce additional unneeded units to increase net income.
D. All of the above
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started