Help defining variables in Mysql code

Running MySql on an HP ML350 G5 server.  Operating system is Small Business Server 2008 .

 I have written some SQL server stored programs.  I am not an expert.

I have now switched to using MySql.

What I want to do is quite simple. I am not sure what MySql calls a stored program.  
I want to write a routine which will read a row from a table.
I want to put the fields into variables.
Then I will calculate the values I want and write them to another table.

I know how to write an INSERT and UPDATE sql statements.

My question:
I need to know how to declare variables in a Mysql type of stored program.
May be someone could share some code showing how they declared variables, then created an INSERT statement
with the variables in the INSERT statement?
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It is similar select (@variable:=column),... From tBle.

Here is the MySQL reference covering the different types of variable assignment.

The version in the example is older, but I think the section exists for the version you use.

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You may not need any variable just do an update on the join of the 2 tables using the columns from the source table to compute the values you need to store in the target table:

update trg set
    col1 =(src.col1+src.col2)/src.col3
    tbl_source as src
    inner join tbl_target as trg
         on <join_clause_cond>

If you only insert then select from the source table and insert into target table:

insert into tbl_target (col1)
donpickAuthor Commented:
Both of you:  Thank you for the prompt answers.  I pay for this service so I appreciate promptness.
Arnold:  Thank you for the link.

Hello Zberteoc:   Great idea.  I don't write much sql code so your ideas are very useful.
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