Cost Behavior

What makes cost behavior so important?
Why do we need to graph our cost patterns?
Do you think business do internally and if so why?

What are the differences between absorption costing and variable costing?
What are the key factors in variable costing?

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Why is budgeting so important?
Do you think everybody does it?
How is it functional?

What is differential analysis?
What steps are important?
What do we use differential analysis for?

For more information on Cost Behavior read this: https://en.wikipedia.org/wiki/Cost_accounting

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