Ww45 | Accounting homework help

1. What is variable costing analysis. Describe what you learned about this topic and how variable costing differs from absorption costing. 

2.  We cover two chapters (20-21) that focus on budgeting. Please choose one of the budgets presented (cash receipts, purchases, production, etc.), provide a brief explanation of how it is calculated/determined, and discuss its importance in the managerial accounting field. 

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