Which Cost Is Charged to the Product Under Variable Costing

question 90

Multiple Choice

Which cost is charged to the product under variable costing?

• A) Variable manufacturing overhead
• B) Fixed manufacturing overhead
• C) Variable administrative expenses
• D) Fixed administrative expenses

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Definitions:

Movement Along

Describes the change in quantity demanded or supplied of a good in response to a change in price, as shown on a graph.

Demand Curve

Graphical representation showing how the quantity demanded of a commodity varies with changes in its price.

Inferior Good

A type of good for which demand decreases when consumer income rises, unlike normal goods where demand increases with rising income.

Chili Peppers

Fruit of plants from the genus Capsicum, used worldwide as a spice or vegetable, known for their hot and spicy flavor.