Which of the Following Costing Methods Charges All the Manufacturing

question 245

Multiple Choice

Which of the following costing methods charges all the manufacturing costs to the products?

• A) variable costing
• B) direct costing
• C) absorption costing
• D) contribution costing

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Definitions:

Negotiation

(1) A bargaining process in which disputing parties interact informally to attempt to resolve their dispute. (2) The transfer of the rights to a negotiable instrument from one party to another.

Time Instrument

A type of draft that allows the payee to collect payment only at a specific time in the future.

Expressed Due Date

The specific date mentioned in a contract or agreement by which a task must be completed or a payment must be made.

Overdue

Referring to a payment, task, or other obligation not completed or submitted by its expected or agreed-upon deadline.