Under Variable Costing, Which of the Following Costs Would Be

question 58

Multiple Choice

Under variable costing, which of the following costs would be included in finished goods inventory?

• A)salary of salesperson
• B)salary of vice president of finance
• C)wages of carpenters in a furniture factory
• D)straight-line depreciation on factory equipment

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Definitions:

Invoice Date

The specific date on which an invoice is issued, indicating when the transaction was recorded and when payment is due.

Shipping Date

The shipping date is the specific day on which goods are dispatched from a seller to the buyer, initiating the delivery process.

Billing Date

The date on which the bill or invoice for goods or services is generated or issued.