When absorption costing is used:
A)Production inefficiencies are immediately identified.
B)Production to absorb the cost of waste and yield factors not considered in other costing methods.
C)Both variable and fixed costs are included in unit costs.
D)The transfer of values to the income statement through inventory accounts.

Question

Quizplus · Accepted Answer

Both variable and fixed costs are included in unit costs.

When Absorption Costing Is Used