Choose the answer that is FALSE regarding throughput costing.
A) Throughput costing treats all costs as period costs except direct labour.
B) Throughput costing treats all costs as period costs except direct materials.
C) Throughput costing is also known as super-variable costing for its close relationship to variable costing.
D) Assembly line and continuously automated companies are most likely to choose this method of costing than other companies.
Correct Answer:
Verified
Q28: Under absorption costing when inventory increases in
Q36: Under absorption costing when production exceeds sales
Q59: Use the following information for items
Q61: Which of the following is NOT a
Q62: The use of normal costing with absorption
Q63: Advantages of throughput costing include all of
Q64: Under normal costing
A)only direct variable manufacturing costs
Q65: A major conceptual difference between throughput costing
Q66: Using normal costing to cost units of
Q68: Normal costing uses
A)actual costs for direct materials,
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