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Absorption costing is: a. a method of inventory costing in which all variable and fixed manufacturing costs are included as inventoriable costs. b. a method
Absorption costing is: a. a method of inventory costing in which all variable and fixed manufacturing costs are included as inventoriable costs. b. a method that absorbs all variable costs C. the preferred costing method d. Usually associated with higher fixed costs If the actual Revenues is greater than Budgeted Revenues, it is: a. Unfavorable b. Favorable c. Static budget Variance d. Flexible budget Variance
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