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(Appendix 12A)Which of the Following Items Are Included in the Cost

Question 76

Multiple Choice

(Appendix 12A) Which of the following items are included in the cost base under the absorption costing approach to cost-plus pricing?

Variable Cost Fixed Cost Production  Selling  Production  Selling  A)  Yes  Yes  Yes  No  B)  No  Yes  No  Yes  C)  Yes  Yes  No  No  D)  Yes  No  Yes  No \begin{array}{l} \quad \quad \quad\text {Variable Cost } \quad \quad \quad \quad \quad\text {Fixed Cost}\\\begin{array}{lll}\text { Production }&\text { Selling }&\text { Production }&\text { Selling }\\\text { A) Yes } & \text { Yes } & \text { Yes } & \text { No } \\\text { B) No } & \text { Yes } & \text { No } & \text { Yes } \\\text { C) Yes } & \text { Yes } & \text { No } & \text { No } \\\text { D) Yes } & \text { No } & \text { Yes } & \text { No }\end{array}\end{array}


A) Option A
B) Option B
C) Option C
D) Option D

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