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:

High Employee Motivation

Describes a state where employees are highly engaged, enthusiastic, and committed to their work, often leading to increased productivity and job satisfaction.

Commitment

The level of dedication an individual or group has towards a task, project, or organization, often associated with high performance and productivity.

Advocacy

The act of speaking or acting on behalf of a cause, policy, or individual to influence public opinion or decision-making.

Indirect Costs

are expenses not directly tied to a specific product or service production but necessary for the organization's overall operations, such as utilities or administration salaries.