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Author Question: Which of the following is true of absorption costing? (Read 53 times)

NguyenJ

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on: Mar 6, 2021

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.
Horngren's Cost Accounting: A Managerial Emphasis ¦ Datar, Rajan ¦ 16th Edition
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Marked as best answer by NguyenJ on Mar 6, 2021

Fayaz00962

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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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NguyenJ

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Reply 2 on: Mar 6, 2021
Great answer, keep it coming :)

sultana.d

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Reply 3 on: Yesterday
Excellent

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