W3-DT1 and W3-DT2

** PLEASE ANSWER EACH QUESTIONS CORRECTLY.

** PLEASE USE A REFERENCES

For what is cost-volume-profit (CVP) analysis used?  What are some of the key underlying assumptions that make CVP analysis useful for decision makers?  Why might decision makers use CVP analysis?  (must be 130-135 words)

Question 2  (W3-DT2) :

Message rea

What are the differences between variable and absorption costing?  Why is variable costing not allowed for GAAP reporting?  Which method is more useful for internal decision-making?  Why?  As a manager, which would you prefer?  Why?  (must be 130 -135 words)