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Which of the following is false regarding direct costing: A. direct costing may lead to misclassifications of variable and fixed costs B. A product cost
Which of the following is false regarding direct costing:
A. direct costing may lead to misclassifications of variable and fixed costs
B. A product cost under direct costing includes all variable and fixed manufacturing costs
C. Direct costing is not approved by GAAP
D. A product cost per unit under direct costing will typically be less than a product cost per unit under absorption costing
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