Provide answer Variable costing includes what?a) All production costsb) Only period costs.c) Only fixed costsOnly variabled)costsmanufacturing

Explanation of Variable Costing: Variable costing is a management accounting method that treats only…

Answered: Variable costing includes what? a) All…

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter2: Building Blocks Of Managerial Accounting

Section: Chapter Questions

Problem 17MC: In the cost equation Y=a+bx, Y represents which of the following? A. fixed costs B. variable costs...

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Similar questions

How does absorption costing differ from variable costing? When will absorption-costing operating income exceed variable-costing operating income?
For which cost concept used in applying (he cost-plus, approach to product pricing are fixed manufacturing costs, fixed selling and administrative expenses, and desired profit allowed for in determining the markup? A. Total cost B. Product cost C. Variable cost D. Standard cost
Why are there objections to using absorption costing when segment reports of profitability are being prepared?
Explain the concept of relevant range and how it affects total fixed costs.
Cost Accounting
Variable Costing
Under variable costing, which of the following costs are treated as period costs?a) Only fixed manufacturing costsb) Both variable and fixed manufacturing costsc) All fixed costsd) Only fixed selling and administrative costs
A cost that has characteristics of both a variable cost and a fixed cost is called a Oa. variable/fixed cost Ob. sunk cost Oc. discretionary cost Od, mixed cost
Costs treated as product costs under direct costing are: A. Variable production cost only B. All variable and fixed manufacturing costs C. Prime costs only D. All variable costs
I want answer for this financial account problem
Marginal Costing refers to product costing methods that exclude ________ from product costs a) Fixed costs b) Variable cost c) Production cost d) Period cost
relevant costs are always: a.variable costs b.avoidable costs c.sunk costs d.fixed costs

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Variable costing includes what? a) All production costs b) Only period costs. c) Only fixed costs Only variable d) costs manufacturing