Which of the Following Is Considered a Period Cost in Absorption

question 20

Multiple Choice

Which of the following is considered a period cost in absorption costing?

• A) variable manufacturing overhead costs
• B) fixed selling and administrative costs
• C) fixed manufacturing overhead costs
• D) semi-variable manufacturing overhead costs

---

Definitions:

Management Knowledge

The body of understanding and skills that managers use to effectively run organizations, including strategic planning, leading, organizing, and controlling.

Japan-Dominated

Refers to industries, markets, or areas of technology where Japanese companies hold a leading or influential position on the global stage.

Henry Fayol

A French mining engineer and management theorist best known for developing a general theory of business administration.

Managerial Responsibility

The obligations and duties of managers to make decisions, guide actions, and oversee the welfare and performance of their team and organization.