discussion post - Fixed and Variable Costs and External Reporting Purposes

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 NEED TO ANSWER ALL TWO DISCUSSION QUESTIONS...also specify which answer goes to which discussion question  


question 1 Fixed and Variable Costs

 Describe the benefits of variable costing methods used for internal reporting purposes. 


question 2 External Reporting Purposes

 Why isn't variable costing used for external reporting purposes? Should it be allowed? Why or why not? 

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    phyllis young
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