Variable and Fixed Costs;Assignment Overview;Managerial accounting emphasizes short-term profit analysis, so the income statement is very important. Consequently, we?ll examine and discuss income statements in this case.;Keep the analysis from the SLP in mind when addressing the questions below.;?Explain the main differences between the absorption and contribution (behavioral, variable) income statements. Will net income always be the same under the two approaches? If not, explain the difference.;?Comment specifically on why companies feel the need to create yet another income statement in a different format. What information can the company gleam from this approach which is helpful as a tool in the decision making process.;?Explain situations in which break-even analysis can be a useful tool. Provide a specific example.;The submission should be 2 to 4 pages and need to include answers to all the questions listed above. Include references in APA format.;Assignment Expectations;It is important to answer the questions above. The discussion should be two to four pages and written in a clear and concise manner. Support your discussion with references in APA format. You are encouraged to use Excel or other compatible spreadsheet when computations are involved.
Paper#24467 | Written in 18-Jul-2015Price : $42