Variable costing considers which of the following to be product costs?

Fixed Mfg. Costs Fixed Selling & Adm. Variable Mfg. Costs Variable Selling & Adm.

A)yes no yes no B)yes no yes yes C)no no yes yes D)no no yes no

Question

Variable costing considers which of the following to be product costs?

Fixed Mfg. Costs

Fixed Selling & Adm.

Variable Mfg. Costs

Variable Selling & Adm.

A)yes no yes no B)yes no yes yes C)no no yes yes D)no no yes no

Quizplus · Accepted Answer

Variable costing includes only variable manufacturing costs as product costs. Fixed manufacturing costs, fixed selling & administrative expenses, and variable selling & administrative expenses are not considered product costs under this method.

Variable Costing Considers Which of the Following to Be Product