Which of the following involves the inclusion of both variable and fixed costs in the determination of unit costs for ending inventories and cost of goods sold?
A)Just-in-time production systems
B)Manufacturing resource planning
C)Earning management
D)Absorption costing

Question

Which of the following involves the inclusion of both variable and fixed costs in the determination of unit costs for ending inventories and cost of goods sold?
A)Just-in-time production systems
B)Manufacturing resource planning 
C)Earning management
D)Absorption costing

Quizplus · Accepted Answer

Absorption costing involves the inclusion of both variable and fixed costs in the determination of unit costs for ending inventories and cost of goods sold.

Which of the Following Involves the Inclusion of Both Variable