Which of the Following Statements Is True of Variable Costing

question 116

Multiple Choice

Which of the following statements is true of variable costing?

• A) It considers variable manufacturing overhead as period costs.
• B) It considers fixed manufacturing overhead as product costs.
• C) It considers variable selling and administrative costs as product costs.
• D) It considers fixed selling and administrative costs as period costs.

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Definitions:

Report Design View

An interface in database applications that allows users to visually create and modify the layout and organization of reports.

Arrow Keys

Keys on a keyboard typically used for moving the cursor or insertion point in a specific direction in text documents or navigating through items in a user interface.

Control

In the context of user interfaces, it refers to elements that allow users to perform actions or input data, such as buttons, sliders, and switches.

Form Layout View

A mode in database applications that allows the user to design or view a form in the context of how it will appear when filled out or printed.