Question 1, 2 managerial accounting

avoid plagiarism and add references by apa style

Assignment 1
Instruction:
Avoid plagiarism, add references using APA style
1. Managerial accounting reports provides both objective measures of past operations and
subjective estimates about future decisions. Therefore, management accountants interpret
cost behavior to. evaluate and describe accounting systems used for decision making in
businesses.
Explain, how management accountants classify costs to interpret cost behavior for decision
making. Give examples.
2. There are advantages and disadvantages to high fixed cost (or low variable cost) and low
fixed cost (or high variable cost) structures. Explain why?