Under variable costing, variable production costs are not treated as product costs.
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Q10: Because absorption costing emphasizes costs by behavior,
Q11: Under absorption costing, fixed manufacturing overhead cost
Q12: When variable costing is used, and if
Q13: When viewed over the long term, cumulative
Q14: Under variable costing, product cost does not
Q16: Under variable costing, product costs consist of
Q17: Under conventional absorption costing, the fixed costs
Q18: Under absorption costing, fixed manufacturing overhead is
Q19: Net operating income is affected by the
Q20: Under variable costing, fixed manufacturing overhead cost
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