Question
Which of the following best describes costs assigned to the product under the variable costing method? - Direct labor - Direct materials - Variable selling
Which of the following best describes costs assigned to the product under the variable costing method? - Direct labor - Direct materials - Variable selling and administrative - Variable manufacturing overhead - Fixed selling and administrative - Fixed manufacturing overhead
A. All of the above costs.
B. Direct labor, direct materials, and variable manufacturing overhead.
C. Direct labor, direct materials, variable manufacturing overhead, and fixed manufacturing overhead.
D. Direct labor and direct materials.
E. Direct labor, direct materials, fixed selling and administrative, and fixed manufacturing overhead.
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