what are Absorption, variables, and throughput costing

Category: Accounting

Primary Task Response: Within the Discussion Board area, write 500 words that respond to the following questions with your thoughts, ideas, and comments. This will be the foundation for future discussions by your classmates. Be substantive and clear, and use examples to reinforce your ideas.

Discuss what absorption, variables, and throughput costing are.
Determine when each would be used.
Provide an explanation and example of all three.

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