Under Variable Costing, Which of the Following Costs Would Be

question 133

Multiple Choice

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

• A) advertising costs
• 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:

Adaptation

The process by which organisms adjust to changes in their environment through genetic change or behavior to enhance survival and reproduction.

Living on Land

The adaptation of life forms to survive and thrive in terrestrial environments, as opposed to aquatic or marine habitats.

External Respiratory

The process of gas exchange between the external environment and an organism, involving the intake of oxygen and the release of carbon dioxide, primarily through structures like lungs or gills.

Heterotrophs

Organisms that cannot produce their own food and rely on consuming other organisms for energy and nutrients.