There are a variety of ways to think about business costs. Marginal costing income statements are more useful for analyzing inventory and production costs, while absorption costing is required under ...

Linear programming and optimal product mix decisions directed toward maximizing accounting income typically have assumed the use of direct costing. However in this article a linear programming model ...

A manufacturer has two general ways to account for fixed manufacturing costs: variable costing and absorption costing. Under variable costing, you do not include fixed manufacturing costs in your ...