Which of the Following Best Describes Costs Assigned to the Product

question 96

Multiple Choice

Which of the following best describes costs assigned to the product under the variable costing method?
Direct labor (DL)
Direct materials (DM)
Variable selling and administrative
Variable manufacturing overhead
Fixed selling and administrative
Fixed manufacturing overhead

• A) DL, DM, variable selling and administrative costs, and variable manufacturing overhead.
• B) DL, DM, and variable manufacturing overhead.
• C) DL, DM, variable manufacturing overhead, and fixed manufacturing overhead.
• D) DL and DM.
• E) DL, DM, fixed selling and administrative, and fixed manufacturing overhead.

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Definitions:

Citric Acid Cycle

A key metabolic pathway that occurs in the mitochondria, involving a series of chemical reactions used by all aerobic organisms to generate energy through the oxidation of acetate.

NADH

Nicotinamide adenine dinucleotide (reduced form), a coenzyme found in all living cells that plays a critical role in energy production through cellular respiration.

Citric Acid Cycle

A series of chemical reactions used by all aerobic organisms to generate energy through the oxidation of acetate derived from carbohydrates, fats, and proteins into carbon dioxide.

Glucose

serves as a primary source of energy in most organisms, critical for cellular respiration and metabolic processes.