Question
Fixed manufacturing overhead is recorded initially as an asset (inventory) under ______________ costing but as an operating expense under ______________ costing. A. Absorption; indirect B.
Fixed manufacturing overhead is recorded initially as an asset (inventory) under ______________ costing but as an operating expense under ______________ costing.
| A. | Absorption; indirect | |
| B. | Variable; direct | |
| C. | Absorption; variable | |
| D. | Variable; absorption |
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Auditing And Assurance A Case Studies Approach
Authors: LexisNexis
7th Edition
0409343943, 978-0409343946
