12. Which of the following statements is true for a firm that uses variable costing? A) Operating income is greatest in periods when production is highest. B) Operating income moves in the same direction as sales. C) The unit product cost changes as a result of changes in the number of units manufactured. D) Both variable selling costs and variable production costs are included in the unit product cost.
12. Which of the following statements is true for a firm that uses variable costing? A) Operating income is greatest in periods when production is highest. B) Operating income moves in the same direction as sales. C) The unit product cost changes as a result of changes in the number of units manufactured. D) Both variable selling costs and variable production costs are included in the unit product cost.
Chapter2: Building Blocks Of Managerial Accounting
Section: Chapter Questions
Problem 14MC: Which of the following statements is true regarding average fixed costs? A. Average fixed costs per...
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