isims.tclcc.edu.tc 0 in Final Exam- SIMS Carmen Cleto Alcantar Using the absorption costing approach which of the following is true? O& Production costs include only variable ob. Production costs include neither fixed or variable cost oc Production costs include both fund and variable cost od Production cost includes only fixed cost Using the data given in the question below What will be the fixed cost for this situation? Activity level Units Cost B High activity 000 9,800 Low activity 5,000 7,400 Change 3,000 2,400 & $2,400 Ob. 88,000 Oc. $17,200 od 83,400 Using the marginal coating approach which of the following is true? & Production costs include neither fixed or variable cost ob. Production costs include only fixed cost 0 Production costs include both fixed and variable cost od Production coets include only variable costs 0 16 17 Question 18 100 BEEEEEE