Which of the Following Is True of Variable Costing

question 114

Multiple Choice

Which of the following is true of variable costing?

• A)only variable manufacturing costs are assigned to products
• B)only fixed manufacturing costs are assigned to products
• C)only fixed administration overhead costs are assigned to products
• D)only variable selling overhead costs are assigned to products

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Definitions:

Annual Dividend

The total dividend payment a company decides to distribute to its shareholders annually.

Share

Represents an ownership portion in a corporation and entitles the holder to a part of the company's profits and assets.

Annual Dividend

The total dividend payments a company makes to its shareholders in one fiscal year.

Constant Rate

A fixed percentage or value that does not change over time.