Question
What is the basic difference between absorption costing and variable costing? a) Under absorbtion costing,fixed manufacturing overhead is treated as a product cost. b) Under
What is the basic difference between absorption costing and variable costing?
a) Under absorbtion costing,fixed manufacturing overhead is treated as a product cost.
b) Under variable costing, fixed manufacturing overhead is treated as a product cost
c) Under absorption costing, fixed manufacturing overhead is treated as a period cost
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Accounting Principles
Authors: Jerry Weygandt, Paul Kimmel, Donald Kieso
11th Edition
111856667X, 978-1118566671
