Which of the following types of costs does NOT appear on a variable costing income statement?
A)direct materials
B)direct labour
C)opportunity cost
D)variable selling expense

Question

Quizplus · Accepted Answer

Opportunity cost is not a direct cost of production and is not incurred as a result of producing a specific product or service. Variable costing income statement only includes direct costs that vary directly with the level of production, such as direct materials, direct labour and variable selling expense.

Which of the Following Types of Costs Does NOT Appear