The Total Fixed Manufacturing Overhead Costs of Cay Company Are

question 33

Multiple Choice

The total fixed manufacturing overhead costs of Cay Company are $100,000,and the total variable selling costs are $80,000.Under variable costing,how should these costs be classified?
$\begin{array}{|l|l|}\hline \text { Period Costs } & \text { Product Costs } \\\hline \text { A) } \$ 0 & \$ 180,000 \\\hline \text { B) } 80,000 & 100,000 \\\hline \text { C) } 100,000 & 80,000 \\\hline \text { D) } 180,000 & 0 \\\hline\end{array}$

• A) Option A
• B) Option B
• C) Option C
• D) Option D

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Definitions:

Ratio

A mathematical representation of the relationship between two numbers or quantities, indicating how many times one is as large as the other.

Lowest Terms

The expression of a fraction in its simplest form, where the numerator and denominator are as small as possible.

Ratio

A mathematical way to compare two quantities, indicating how many times one value contains or is contained within the other.

Lowest Terms

The simplest form of a fraction, where the numerator and denominator are reduced to their smallest possible values.