Solved

The Term Full Cost Refers to the Cost of Manufacturing

Question 29

True/False

The term full cost refers to the cost of manufacturing and selling a unit of product and includes both fixed and variable costs.We need to distinguish between full cost (which includes selling costs)and full absorption cost (which does not include selling costs. )

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions