The Only Difference Between Absorption Costing and Variable Costing Is

question 45

Multiple Choice

The only difference between absorption costing and variable costing is the treatment of

• A)All variable costs.
• B)Variable overhead costs.
• C)All fixed costs.
• D)Fixed overhead costs.

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Definitions:

Anomalies

Deviations or departures from what is considered normal or expected.

Blister

A small pocket of body fluid within the upper layers of the skin, usually caused by friction, burning, or other damage.

Lighten

To make or become less heavy, serious, or intense.

Darken

To make or become dark or darker in color, often reducing visibility or creating a more subdued atmosphere.