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Business, 18.02.2020 00:03 celestemaria0727
Why is "absorption" costing acceptable under GAAP (Generally Accepted Accounting Principles") and not variable costing?
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Many years ago, sprint telecommunications aired an advertisement intended to demonstrate the clarity of reception sprint customers could expect. the ad showed a rancher, who had used a different company, complaining that he had ordered 100 oxen from his supplier and instead received 100 dachshunds. the mix-up was probably due to the presence of in the communication process.
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Why is "absorption" costing acceptable under GAAP (Generally Accepted Accounting Principles") and no...
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