Variable Costing (the Variable Costing method in Managerial Accounting)

This video explains the Variable Costing method that some manufacturing firms use internally to compute product costs and calculate cost of goods sold. An example is provided to illustrate how to use Variable Costing to calculate the product cost per unit and to create a Variable Costing Income Statement. The video also discusses the difference between Variable Costing and Absorption Costing and explains why Variable Costing is in many ways superior to Absorption Costing.
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Видео Variable Costing (the Variable Costing method in Managerial Accounting) канала Edspira