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7 years ago
Which of the following statements is true of absorption and variable costing methods?
A) Absorption costing considers fixed manufacturing overhead to be period costs.
B) Both costing methods consider fixed manufacturing overhead to be product costs.
C) Variable costing considers variable selling and administrative costs to be product costs.
D) Both costing methods consider selling and administrative costs to be period costs.
Textbook 
Horngren's Financial & Managerial Accounting, The Financial Chapters

Horngren's Financial & Managerial Accounting, The Financial Chapters


Edition: 5th
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7 years ago
Will mark this subject solved, thanks
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