The costing method in which only variable product costs are accumulated in inventory is called
A)absorption costing.
B)normal costing.
C)direct costing.
D)full costing.

Question

Quizplus · Accepted Answer

Direct costing, also known as variable costing, only accumulates variable product costs in inventory. This method does not include fixed overhead costs in inventory, which are expensed as period costs.

The Costing Method in Which Only Variable Product Costs Are