Which of the following is true of variable costing?

Name: Which of the following is true of variable costing?
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Variable costing method assigns only variable manufacturing costs to products. Fixed manufacturing overhead costs are treated as period costs and are expensed in the period in which they are incurred. Administration and selling overhead costs, whether fixed or variable, are also treated as period costs and are expensed in the period in which they are incurred.

Which of the Following Is True of Variable Costing