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

Author Question: Which of the following is true of absorption costing? (Read 28 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
Wow, this really help


6ana001

  • Member
  • Posts: 311
Reply 3 on: Yesterday
Excellent

 

Did you know?

Blood in the urine can be a sign of a kidney stone, glomerulonephritis, or other kidney problems.

Did you know?

Adults are resistant to the bacterium that causes Botulism. These bacteria thrive in honey – therefore, honey should never be given to infants since their immune systems are not yet resistant.

Did you know?

HIV testing reach is still limited. An estimated 40% of people with HIV (more than 14 million) remain undiagnosed and do not know their infection status.

Did you know?

To combat osteoporosis, changes in lifestyle and diet are recommended. At-risk patients should include 1,200 to 1,500 mg of calcium daily either via dietary means or with supplements.

Did you know?

Many supplement containers do not even contain what their labels say. There are many documented reports of products containing much less, or more, that what is listed on their labels. They may also contain undisclosed prescription drugs and even contaminants.

For a complete list of videos, visit our video library