Variable Costing: Variable costing is that accounting cost concept in which variable costs are assigns only to inventory. This clarifies that all the overhead costs will charged to expense in the period incurred whereas the other variable overhead costs and direct materials will assigned to inventory. To compute: Manufacturing margin under the variable costing.

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Chapter 6, Problem 9QS

To determine

Variable Costing:

Variable costing is that accounting cost concept in which variable costs are assigns only to inventory. This clarifies that all the overhead costs will charged to expense in the period incurred whereas the other variable overhead costs and direct materials will assigned to inventory.

To compute: Manufacturing margin under the variable costing.

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