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Which of the following is NOT an example of a processor?
Fixed Manufacturing Overhead
The consistent, indirect costs associated with manufacturing that do not vary with the level of production, such as rent, insurance, and salaries of permanent staff.
Variable Costing
A costing method that includes only variable production costs (direct materials, direct labor, and variable overhead) in product costs, excluding fixed overhead.
Absorption Costing
A method of product costing that incorporates all manufacturing costs, including both fixed and variable costs, in the price of a product.
Variable Costing
An accounting method that charges only variable costs to cost of goods sold and reports fixed costs separately as period costs.
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