This topic contains a solution. Click here to go to the answer

Author Question: Which of the following is true of absorption costing? (Read 45 times)

NguyenJ

  • Hero Member
  • *****
  • Posts: 516

Question 1

Which of the following costs will be treated as period costs under absorption costing?
◦ raw materials used in the production
◦ sales commission paid on sale of product
◦ depreciation on factory equipment
◦ rent for factory building

Question 2

Which of the following is true of absorption costing?
◦ It expenses marketing costs as cost of goods sold.
◦ It treats direct manufacturing costs as a period cost.
◦ It includes fixed manufacturing overhead as an inventoriable cost.
◦ It treats indirect manufacturing costs as a period cost.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by NguyenJ on Mar 6, 2021

Fayaz00962

  • Sr. Member
  • ****
  • Posts: 330
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.
Answer Preview
Only 39% of students answer this correctly




NguyenJ

  • Member
  • Posts: 516
Reply 2 on: Mar 6, 2021
YES! Correct, THANKS for helping me on my review


tranoy

  • Member
  • Posts: 344
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

Did you know?

Multiple experimental evidences have confirmed that at the molecular level, cancer is caused by lesions in cellular DNA.

Did you know?

Though newer “smart” infusion pumps are increasingly becoming more sophisticated, they cannot prevent all programming and administration errors. Health care professionals that use smart infusion pumps must still practice the rights of medication administration and have other professionals double-check all high-risk infusions.

Did you know?

Methicillin-resistant Staphylococcus aureus or MRSA was discovered in 1961 in the United Kingdom. It if often referred to as a superbug. MRSA infections cause more deaths in the United States every year than AIDS.

Methicilli ...
Did you know?

It is difficult to obtain enough calcium without consuming milk or other dairy foods.

Did you know?

The top five reasons that children stay home from school are as follows: colds, stomach flu (gastroenteritis), ear infection (otitis media), pink eye (conjunctivitis), and sore throat.

For a complete list of videos, visit our video library