Variable Costing Considers Only ________ Costs When Determining Product Costs

question 19

Multiple Choice

Variable costing considers only ________ costs when determining product costs.

• A) fixed manufacturing
• B) variable manufacturing
• C) variable selling and administrative
• D) fixed selling and administrative

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Definitions:

Outbound Transportation Costs

Expenses associated with moving goods from the manufacturer or seller to their final destination, including shipping, freight, and handling fees.

X-y Grid

A coordinate system for graphical display where each point is defined by a pair of numbers representing horizontal (x) and vertical (y) positions.

Minimum Cost Solution

An approach or method that achieves the desired outcome at the lowest possible expense.

Plant Assignments

The allocation of production tasks or operations to specific manufacturing plants or facilities based on factors like capacity, specialization, and location.