Which of the following will usually be found on an income statement prepared using absorption costing?
A) Choice A
B) Choice B
C) Choice C
D) Choice D

Question

Which of the following will usually be found on an income statement prepared using absorption costing? 
A) Choice A 
B) Choice B 
C) Choice C 
D) Choice D

Quizplus · Accepted Answer

Absorption costing includes all manufacturing costs, including direct materials, direct labor, and both variable and fixed overhead expenses. Therefore, a typical income statement prepared using absorption costing will include both variable and fixed costs associated with production.

Which of the Following Will Usually Be Found on an Income