While Using Variable Costing Format of Income Statement, Which of the Following

question 79

Multiple Choice

While using Variable Costing format of income statement, which of the following is not included in product costs?

• A)Variable manufacturing overhead.
• B)Direct labour.
• C)Fixed manufacturing overhead.
• D)Direct materials.

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Definitions:

Tech Support Department

A division within a company that provides assistance and problem-solving services for customers experiencing issues with technical products or services.

Time-Driven Activity-Based Costing

A costing method that assigns costs to products or services based on the amount of resources they use, measured in time, enhancing cost accuracy and managerial decision-making.

Customer Cost Analysis

An evaluation process to determine the total cost associated with acquiring and maintaining a customer over time.

Customer Support Department

A specialized unit within a company that handles inquiries, complaints, and other interactions with customers to facilitate satisfaction and resolve issues.