Examlex
Which of the following is not an agent of transport?
Absorption Costing
An accounting method that includes all manufacturing costs—direct materials, labor, and both variable and fixed overhead—as part of the cost of a finished product.
Absorption Costing
An accounting method that includes all manufacturing costs - direct materials, direct labor, and both variable and fixed overheads - in the cost of a product.
Variable Costing Income (VCI)
An accounting method that includes only variable costs—costs that change with production level—in calculating net income.
Full Costing Income (FCI)
A method of accounting that allocates all fixed and variable costs to products, operations or projects to determine profitability.
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