Which of the Following Costs Would NOT Be Included in Calculating

question 18

Multiple Choice

Which of the following costs would NOT be included in calculating inventory values under the absorption-costing basis?

• A)direct materials
• B)fixed overhead
• C)selling and administrative expenses
• D)direct labour

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Definitions:

Resources

Assets or inputs used in the production of goods and services, which may include time, people, money, or raw materials.