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Author Question: Absorption costing is a method of inventory costing in which only variable manufacturing costs are ... (Read 133 times)

wenmo

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on: Mar 6, 2021

Question 1

Which of the following is true of variable costing?
◦ It expenses administrative costs as cost of goods sold.
◦ It treats direct manufacturing costs as a product cost.
◦ It includes fixed manufacturing overhead as an inventoriable cost.
◦ It is required for external reporting to shareholders.

Question 2

Absorption costing is a method of inventory costing in which only variable manufacturing costs are included as inventoriable costs.
◦ true
◦ false
Horngren's Cost Accounting: A Managerial Emphasis ¦ Datar, Rajan ¦ 16th Edition
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Marked as best answer by wenmo on Mar 6, 2021

ryansturges

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Reply #1 on: Mar 6, 2021
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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wenmo

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Reply 2 on: Mar 6, 2021
YES! Correct, THANKS for helping me on my review

ultraflyy23

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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