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Which of the following is true regarding direct costing? A. direct costing is approved by GAAP B. A product cost under direct costing includes all
Which of the following is true regarding direct costing?
A. direct costing is approved by GAAP
B. A product cost under direct costing includes all variable and fixed manufacturing costs.
C. Direct costing may lead to misclassifications of variable and fixed costs.
D. A product cost per unit under direct costing will always be greater than a product cost per unit under absorption costing
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