What is variable costing As depicted in the article, variable costing is a concept utilized in managerial and cost accounting. The process involves excluding fixed manufactured overheads from the product's cost of production (Novak, 2016). However, the method is different from cost absorption, where the manufacturing overhead is allocated to the produced products. Variable costing is not allowed in accounting frameworks such as GAAP and IFRS. Variable costing is n
VARIABLE COSTING 1 Variable costing Student name Institution affiliation Professor Course Date Articles on variable costing What is variable costing […]