Which of the following is considered a period cost under variable costing but not under absorption costing?
A) fixed selling and administrative costs
B) variable manufacturing costs
C) fixed manufacturing overhead
D) variable selling and administrative costs
Correct Answer:
Verified
Q206: Under absorption costing,all product costs are first
Q207: Absorption costing considers _ as product costs.
A)
Q208: The fixed manufacturing overhead is considered a
Q209: Variable costing is used for external reporting
Q210: Following GAAP,the income statement issued to investors
Q212: Contribution margin is calculated by deducting the
Q213: Period costs under the variable costing method
Q214: Gross profit is calculated by deducting _
Q215: Which of the following statements is TRUE
Q216: Variable costing prepares the income statement using
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