Discuss how financial data prepared on the basis of variable costing can assist management in the development of short-run pricing policies.

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Discuss how financial data prepared on the basis of variable costing can assist management in the development of short-run pricing policies.




Answered Same DayDec 31, 2021

Answer To: Discuss how financial data prepared on the basis of variable costing can assist management in the...

David answered on Dec 31 2021
111 Votes
Short run costs are accumulated in real time throughout the
production process. Fixed cost have no
impact of shot run
costs, only variable costs and revenues affect the short run
production. Variable costs changes with output .
The short run costs increase / decrease based on variable
cost...
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