Which statement is not correct about overhead?
A)Fixed overhead is capitalized under absorption costing.
B)Fixed overhead is expensed under variable costing.
C)Variable overhead is expensed under both absorption and variable costing.
D)Both fixed and variable overhead are capitalized under absorption costing.

Question

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The Answer of Which statement is not correct about overhead?
A)Fixed overhead is capitalized under absorption costing.
B)Fixed overhead is expensed under variable costing.
C)Variable overhead is expensed under both absorption and variable costing.
D)Both fixed and variable overhead are capitalized under absorption costing.

Which Statement Is Not Correct About Overhead