Companies can use two different methods to assign product cost. a. The variable-costing method classifies costs by

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Companies can use two different methods to assign product cost.

a. The variable-costing method classifies costs by behavior, breaking costs down into variable and fixed components.

b. The absorption-costing method classifies costs by function, manufacturing and nonmanufacturing.

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Managerial Accounting Information For Decisions

ISBN: 9780324222432

4th Edition

Authors: Thomas L. Albright , Robert W. Ingram, John S. Hill

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Question Posted: Jun 05, 2024 01:06 AM

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Companies can use two different methods to assign product cost. a. The variable-costing method classifies costs by

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Managerial Accounting Information For Decisions

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