Fixed and Variable Costs - Guide to Understanding Fixed vs ...
Launch our financial analysis courses to learn more!. Applications of Variable and Fixed Costs. Classifying costs as either variable or fixed is important for companies because by doing so companies can assemble a financial statement called the Statement/Schedule of Cost of Goods Manufactured (COGM) Cost of Goods Manufactured (COGM) Cost of Goods Manufactured also known to as COGM …
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