a.Explain the difference between the variable and absorption costing methods.
b.Which method(s) are required for external reporting? For internal reporting?

Name: a.Explain the difference between the variable and absorption costing methods. b.Which method(s) are required for external reporting? For internal reporting?
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The Answer of a.Explain the difference between the variable and absorption costing methods.
b.Which method(s) are required for external reporting? For internal reporting?

AExplain the Difference Between the Variable and Absorption Costing Methods