Under Variable Costing, Which of the Following Costs Would Be

question 7

Multiple Choice

Under variable costing, which of the following costs would be included in finished goods inventory?

• A)neither variable nor fixed factory overhead cost
• B)both variable and fixed factory overhead cost
• C)only variable factory overhead cost
• D)only fixed factory overhead cost

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Definitions:

Rhomboideus Thoracis

A muscle of the back that helps in the retraction, rotation, and elevation of the scapula.

Fixative

A chemical used to preserve or stabilize biological tissues in a life-like state for microscopic examination or medical procedures.

Distilled Water

Water that has been purified by boiling and then condensing the steam back into a liquid to remove impurities and minerals.

Sternomastoid

A muscle in the side of the neck that acts to rotate the head to the opposite side or bend it to the same side.