Hi there

Answers only

Which of the following statements is true? Multiple Choice Variable costing treats direct materials as a period cost. Variable costing treats direct labor as a period cost. Variable costing treats variable manufacturing overhead as a period cost. Variable costing treats fixed manufacturing overhead as a period cost. Assume the following information for a company that produced and sold 10,000 units during its first year of operations: Using variable costing, what is the company's unit product cost? Multiple Choice $167 $137 $157 Assume the following information for a company that produced and sold 10,000 units during its first year of operations: Using variable costing, what is the company's net operating income? Multiple Choice $540,000 $240,000 $320.000