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Which of the following is true about Variable Costing? a. It is required by Generally Accepted Accounting Principles. b. It allows both fixed manufacturing and

Which of the following is true about Variable Costing?

a. It is required by Generally Accepted Accounting Principles.

b. It allows both fixed manufacturing and non-manufacturing overhead costs to be inventoried.

c. It is used internally to discourage managers from building inventory to temporarily improve profits.

d. It emphasizes Gross Margin, the profit after the manufacturing costs of products and services.

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