_____ is another term for variable costing.
A)Full costing
B)Direct costing
C)Traditional costing
D)Absorption costing

Question

Quizplus · Accepted Answer

Direct costing is another term for variable costing, which only considers variable costs in the product cost such as direct material, direct labor, and variable overhead. It does not allocate fixed overhead to products. The other options, full costing, absorption costing, and traditional costing, all include the allocation of fixed overhead to products.

_____ Is Another Term for Variable Costing