The absorption-costing method has fixed factory overhead appearing in only cost of goods sold.
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Q22: If a company uses the variable-costing approach,
Q23: There is no production-volume variance only when
Q24: Gross margin appears in a variable-costing income
Q28: When actual volume is more than expected
Q29: A production-volume variance is calculated as the
Q30: It is possible for variable overhead to
Q31: The variable-costing method does not include fixed
Q32: Most companies consider production-volume variances to be
Q137: An unfavorable production volume variance decreases the
Q150: When sales exceed production,variable-costing income is greater
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