What is the variable cost and indirect cost?

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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What is the variable cost and indirect cost?

Some selected sales and cost data for Alcid Manufacturing Company are given
below:
00
P 100,000
150,000
75,000
Direct materials used
Direct labor
Factory overhead (40% variable)
Selling and administrative expenses
(50% direct, 60% variable)
120,000
Transcribed Image Text:Some selected sales and cost data for Alcid Manufacturing Company are given below: 00 P 100,000 150,000 75,000 Direct materials used Direct labor Factory overhead (40% variable) Selling and administrative expenses (50% direct, 60% variable) 120,000
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