Question
Which of the following costs is inventoried when using absorption costing? A. sales commission paid on each sale. B. Advertising costs incurred for the period
Which of the following costs is inventoried when using absorption costing?
| A. | sales commission paid on each sale.
| |
| B. | Advertising costs incurred for the period | |
| C. | rent on factory building
| |
| D. | indirect materials incurred in the manufacturing process |
QUESTION 6
-
Under absorption costing, lease charges paid on the factory building is an inventoriable cost.
True
False
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Financial Accounting And Reporting
Authors: Mr Barry Elliott, Jamie Elliott
16th Edition
027377817X, 978-0273778172
