Full costing
A)is another name for variable costing.
B)considers fixed manufacturing overhead as an inventory cost.
C)often provides the information needed for CVP analysis.
D)considers fixed production cost as period cost.

Question

Quizplus · Accepted Answer

Full costing is a method of costing that considers both variable and fixed manufacturing overhead as inventory costs. This is in contrast to variable costing, which considers only variable costs as inventory costs and treats fixed manufacturing overhead as a period cost. Full costing provides a more complete picture of the cost of producing a product and is often used for financial reporting purposes. It can also provide the information needed for cost-volume-profit (CVP) analysis.

Full Costing