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time sensitive. Can you please confirm these answers are correct. Under variable costing, all of the following are considered product costs except a. variable manufacturing
time sensitive. Can you please confirm these answers are correct.
Under variable costing, all of the following are considered product costs except a. variable manufacturing overhead. variable selling and administrative expenses. direct materials. direct labor. As manufacturing processes have become more automated, more companies have chosen to allocate overhead based on direct labor costs. True False If a salesperson incurs $2,000 of expenses in servicing one customer and $4,000 of expenses in servicing two customers, the fixed costs are $2,000. True False A debit balance in the Manufacturing Overhead Account at the end of the period indicates that overhead has been over applied. True False Direct material and direct labor costs are easier to trace to products than overhead. True False Step by Step Solution
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