On the income statement,the absorption approach separates manufacturing costs from ________.
A) some nonmanufacturing costs
B) all nonmanufacturing costs
C) all variable costs
D) all fixed costs

Question

Quizplus · Accepted Answer

The absorption approach on the income statement separates manufacturing costs from all nonmanufacturing costs, ensuring that all costs associated with the production of goods are accounted for separately from other types of expenses.

On the Income Statement,the Absorption Approach Separates Manufacturing Costs from ________