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Which Statement Is Correct About Variable Costing

Question 12

Multiple Choice

Which statement is correct about variable costing?


A) Under this method, fixed overhead is considered a product cost because production cannot take place without these costs.
B) Under this method, fixed overhead is considered a period cost because such costs do not vary according to production level.
C) Under this method, variable overhead is considered a period cost because production cannot take place without these costs.
D) Under this method, selling costs are considered a product cost because production cannot take place without these costs.

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