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    Managerial Accounting Study Set 1
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    Exam 8: Variable Costing and the Costs of Quality and Sustainability
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    On a Variable-Costing Income State?ment, the Cost of Goods Sold
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On a Variable-Costing Income State?ment, the Cost of Goods Sold

Question 47

Question 47

True/False

On a variable-costing income state?ment, the cost of goods sold is measured at variable cost, which includes direct material, direct labor, and variable manufacturing overhead.

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